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Personnel economics

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The list Personnel economics includes Seniority, Salary cap and Promotion (rank). The list consists of 3 members and 1 sublist.
  • 1.

    Seniority

    person more older or occupied a particular position longer
    Overview: Seniority is the state of being older or placed in a higher position of status relative to another individual, group, or organization. For example, one employee may be senior to another either by role ...
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  • 2.

    Salary cap

    agreement or rule that places a limit on the amount of money that a team can spend on players' salaries
    Overview: In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total ...
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  • 3.

    Promotion (rank)

    advancement of ranking within a hierarchy
    Promotion (rank)
    Overview: A promotion is the advancement of an employee's rank, role or position in an organizational hierarchy system. Promotion may be an employee's reward for good performance, i.e., positive appraisal.
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