L
labor market

The labor market is the source from which an organization recruits new employees; a single organization may find itself recruiting from several different labor markets depending on the availability of skills for different positions.

laissez-faire management style

A laissez-faire manager does not provide direction or guidance to subordinates and generally results in lower productivity in the work group.

layoff

A layoff occurs when an organization eliminates jobs and terminates employees for economic reasons, a change in strategic direction, or other business reasons; this is also known as a reduction-in-force.

leadership development

Leadership development programs identify employees who show promise as potential leaders; ...

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