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21 Types of Employment: Your Hire-To-Retire Guide

AIHR

When to offer it: If your company has fluctuating workloads or seasonal needs or has to reduce fixed labor costs. Commission-based employment This arrangement bases a worker’s compensation primarily on the sales or revenue they generate. Salary format: Derived from revenue generated minus expenses.

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Exclusive: Jim Collins on ‘Thriving In Chaos’

Chief Executive

We went back and ran an analysis on the cash-to-assets ratio of companies that did really well in these kinds of environments, even when they were small. We found that the discipline to have a very high cash-to-assets ratio showed up early in their history. And if we do that, we can’t help but grow revenues per fixed cost.