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  2. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Compensation and benefits refer to remuneration to employees from employers. Which is the payments or rewards provided to an individual for the work that has been completed. Compensation is the direct monetary payment received for work performed, commonly known as wages. This is the compensation that employees earn for their work or ...

  3. Management contract - Wikipedia

    en.wikipedia.org/wiki/Management_contract

    This contract is usually appointed by the client (investor) in the early stage. The relationship between the client and the management contractor usually covers both the work of pre-construction and construction activities. [12] The management contractor is responsible for all the administrative and operational work of the construction project.

  4. Earned value management - Wikipedia

    en.wikipedia.org/wiki/Earned_value_management

    In a single integrated system, EVM is able to provide accurate forecasts of project performance problems, which is an important aspect of project management. Early EVM research showed that the areas of planning and control are significantly impacted by its use; and similarly, using the methodology improves both scope definition as well as the ...

  5. Personnel economics - Wikipedia

    en.wikipedia.org/wiki/Personnel_economics

    Compensation: Compensation is an approach where the principal may have to provide agents with a risk premium as they bear a risk with payment. This approach acknowledges that agents take on some risk in their work and may need to be compensated accordingly.

  6. Pay bands - Wikipedia

    en.wikipedia.org/wiki/Pay_bands

    Pay bands (sometimes also used as a broader term that encompasses several pay levels, ranges or grades) is a part of an organized salary compensation plan, program or system. In an organization that has defined jobs, pay bands are used to distinguish the level of compensation given to certain ranges of jobs to have fewer levels of pay ...

  7. Reward management - Wikipedia

    en.wikipedia.org/wiki/Reward_management

    A comparison between public and private sectors and the methods of job evaluation is another area that should be considered for further research. The effectiveness of an organization's performance and reward management system can have a significant impact on employee motivation, morale, and ultimately, their productivity.

  8. Employment - Wikipedia

    en.wikipedia.org/wiki/Employment

    Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. [1]

  9. Project management - Wikipedia

    en.wikipedia.org/wiki/Project_management

    In multi-phase projects, the monitoring and control process also provides feedback between project phases, to implement corrective or preventive actions to bring the project into compliance with the project management plan. Project maintenance is an ongoing process, and it includes: [38] Continuing support of end-users; Correction of errors

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