by TheBusinessProfessor | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is an Incentive Stock Option (ISO)?An incentive stock Option (ISO) is defined as a type of stock option granted to an employee by an employer which is a form of incentive with income tax benefit. ISO are special stocks that receive special treatment from the...
by TheBusinessProfessor | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is Multinational Pooling?Multinational pooling refers to a process that international organizations follow to control the risks associated with their employee benefit plans globally. In this case, they merge several employee benefit programs and create an...
by TheBusinessProfessor | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is Occupational Labor Mobility?Occupation labor mobility is the potential of working class for making a switch between their careers. The objective behind switching is to get a more alluring employment opportunity or match up with labor requirements. The more the...
by TheBusinessProfessor | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is Absenteeism?Absenteeism refers to a habitual pattern of absence from a job without a proper acceptable reason. It is non-presence of an employee at their workplace, beyond the normal vacations and leaves for valid reasons. Absenteeism may indicate to job...
by TheBusinessProfessor | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is an Accounting-Based Incentive?An accounting-based incentive is a type of compensation that is offered to C-level executives (high-ranking executives) of business firms based on certain long-term performance indicators set by the companys management. Typically,...
by TheBusinessProfessor | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is the Benefit Allocation Method?The benefit allocation method refers to a way through which companies fund an employee pension plan. For each year, only one premium payment is made and it’s utilized to buy a single benefit. Usually, the plan states that...