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Business services

The business service industry provides the core business skills and knowledge required for a high performing workplace.It covers an array of expertise, including customer contact, business administration, business management, business information and human resource management.

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Business services > Human resources

executive compensation

Business services; Human resources

Compensation package for senior positions designed to be tempting, including salary, benefits, bonuses and long-term incentives.

FLSA

Business services; Human resources

Fair Labor Standards Act. Employee protection law including minimum wage and overtime pay, minimum employment age etc.

Family and Medical Leave Act

Business services; Human resources

This act stipulates that employers must provide up to 12 weeks of unpaid leave to eligible employees.

flexible schedule

Business services; Human resources

Employee benefit which allows employees to choose their own working hours, provided they work the normal amount of hours.

garnishment

Business services; Human resources

When a person's earnings are withheld by his/her employer in response to a court order. The earnings will be used to pay an unpaid debt.

generation X

Business services; Human resources

People born between 1965-80, known for their independence, informality and entrepreneurialism.

hiring freeze

Business services; Human resources

When all non-essential hiring is put on hold. This can allow employers to consolidate and restructure current departments.

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