Examlex
Explain why "profits follow quality."
Cash Flow
The total amount of money being transferred into and out of a business, especially affecting liquidity.
Base Pay Method
A compensation approach that determines the initial salary offered to an employee, not including extra forms of compensation like bonuses or overtime.
Market Pricing
The process of determining the salary levels and ranges for positions within a company by comparing them with similar jobs in the external labor market.
Job Evaluation
A systematic process for determining the relative value or worth of a job in an organization, which helps to establish fair compensation.
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