Examlex
The average length of time people of the same age will live is called the
Merit Pay
A performance-related pay strategy that offers salary increases based on an individual's job performance, as a way to reward and incentivize high performance.
Performance Bonuses
Additional compensation given to employees based on their achievement of specific performance targets.
Profit Sharing
A company's practice of sharing a portion of its profits with employees, usually in addition to their regular compensation.
Team Awards
Recognitions given to groups of employees for their collective achievements or performance.
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