Examlex
How many bits does it take to spell the word yes?
Reward System
A set of mechanisms or programs designed to motivate and recognize employees' efforts, achievements, and performance.
Profit-Sharing Programs
Programs in which employees receive a share of the company's profits, typically as a part of their compensation package.
Skill-Based Pay
A compensation system that rewards employees for acquiring and using specific skills, rather than paying them based on their job title or position.
Profit-Sharing Plan
A company program that gives employees a share in the profits of the business, usually in the form of bonuses or stocks.
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