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General Ulysses S.Grant
Predefined Behaviors
Actions or responses that are established in advance, often as part of guidelines, protocols, or role requirements.
Profit Sharing
Incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary.
Base Salary
Definition: The initial rate of compensation for an employee, excluding additional bonuses, benefits or overtime.
Merit Pay
A compensation strategy that awards pay increases based on an individual's performance, often measured through evaluations.
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