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Why do companies often follow several different technology paths that do not always led to significant paybacks despite a conscientious effort to obtain a return of their investment?
Weak Economy
An economic state characterized by slow growth, high unemployment, and low consumer confidence.
Profit Sharing
A financial incentive strategy where employees receive a share of the company’s profits, based on its earnings, as a form of motivation and reward.
Skill-based Pay
A compensation system where employees are paid based on the skills and knowledge they possess rather than their job title or position.
Motivation System
A framework within an organization designed to stimulate and encourage employees to achieve goals and improve performance.
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