Examlex
Shida has had such great success with his IT consulting company for the last five years that he was able to pay himself a competitive salary within the first 18 months of operation.According to the GEM study,Shida is a/an ______.
Hourly Rate
The amount of money paid for each hour of work.
Incentive Fee Contract
A contract type that provides additional compensation to the contractor for exceeding performance targets.
Cost Reimbursable Contract
A contract where the buyer reimburses the contractor for all legitimate costs incurred plus an additional fee for profit.
Fixed Fee
A fixed fee is a pricing structure where a single set price is agreed upon for a service or project, regardless of the time or resources used.
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