This is a traditional definition of labor having already been trained to due a job. It generally means that the idividual has a formal education and some experience with the work he/she does. The key to this is to understand that it is industry related and not universally defined. Naturally a brain surgeon’s skills are different in background than that of a welder. So use the traditional definition found in the industry associated with the position.
There are two forms of compensation provided to employees; direct and indirect. Direct forms of compensation have a multitude of types or methods, from salaries to bonuses. Indirect compensation is primarily the various types of […]