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The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. [13] Since then, the idea of the social impact bond has been promoted and developed by a number of agencies and individuals in an attempt to address the paradox that investing in prevention of social and health problems saves the public sector money, but ...
Variable pay is a flexible and performance-based part of total compensation that can greatly influence employee motivation and contribute to the success of the organization. It is a compensation system where part of an employee's earnings is tied to their individual performance, team success, or the organization’s overall outcomes, unlike ...
Researchers have categorized two approaches to work force development, sector-based and place-based approaches. The sectoral advocate speaks for the demand side, emphasizing employer- or market-driven strategies, whereas the place-based practitioner is resolutely a believer in the virtue of the supply side: those low-income job seekers who need work and a pathway out of poverty.
Social entrepreneurs who pass the selection process are called Ashoka fellows. [16] Each Ashoka fellow receives a financial stipend that they can use to pay for their personal expenses so that they can fully devote their time to the pursuit of their innovative social ideas. The size of the stipend is decided on a case-by-case basis, according ...
[3] [4] Recent studies have indicated that executive compensation should be better aligned with social goals [5] (e.g. public health goals [6]). The rate of executive pay is an important part of corporate governance, and is often determined by a company's board of directors.
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...