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An employer is an individual or organization that hires employees to perform work and offers them compensation in return. This compensation can come in various forms, such as:
- Salary: A fixed amount of money paid regularly, typically monthly or bi-weekly.
- Wages: Payment based on the time or amount of work completed, often hourly.
- Commission: Payment based on a percentage of sales made or other performance metrics.
- Benefits: These can include health insurance, paid time off, retirement plans, and other perks.
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