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MDM consolidates data from various data sources into a ___________________, which then feeds data back to the applications, thereby creating accurate and consistent data across the enterprise. This helps eliminate redundancies, inaccuracies and omissions that might otherwise hinder business processes.
Minimum Wage
The lowest legal wage that employers can pay their employees, ensuring a basic standard of living.
Compensation Costs
The total of an employer's expenses for employee salaries, wages, benefits, and other forms of compensation.
Competency-Based Pay System
A salary structure that compensates employees based on the specific skills, knowledge, and abilities they bring to their roles, rather than their job title or position.
Absenteeism
The habitual non-presence of an employee at their job, which can be due to various reasons including illness, personal issues, or disengagement with work.
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