Examlex
The recency effect is thought to occur because the words at the end of the list:
Gainsharing
A type of incentive plan where employees receive bonuses based on the cost-saving or performance improvements they help achieve for the company.
Merit Pay
A compensation strategy that links pay increases to performance appraisal ratings.
Group Bonus
A type of incentive pay awarded to a team or group of employees for achieving specific goals or metrics.
Group Incentives
Compensation or rewards offered to a group of employees for achieving or surpassing predetermined goals as a unit.
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