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Compensation Schedule
A structured plan that outlines the salaries, wages, benefits, and bonuses that employees receive from an employer.
Budget-gaming Problem
A situation where individuals or departments manipulate or exaggerate their budget needs in order to secure larger allocations for themselves, often at the expense of the organization's overall efficiency.
Compensation Scheme
A structured plan designed to reward employees for their work, including salaries, benefits, and bonuses.
Straight Line Pay
A method of compensation where an employee receives a fixed rate of pay, irrespective of the number of hours worked or the quantity of output.
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