When an employee is being relocated, the employer reimburses the employee for the costs associated with the sale of the employee’s home.
Direct Pay / Cash CompensationPayments made directly to the worker before any deductions for their contribution to social security and pension funds, life and health insurance premiums, income tax liabilities, etc.
Direct ObservationA method of job analysis involving personal observation of employees while they perform their duties. This method is usually used when analyzing production type jobs, which are very repetitive in nature.
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Common Compensation Terms and Formulas