Examlex
Which of the following is the best description of the mind,according to your textbook?
Direct Payment
The monetary compensation paid directly to employees in the form of wages, salaries, commissions, and bonuses.
Goal-Sharing Plans
Incentive plans that reward employees for reaching specific organizational goals, similar to gain-sharing but often broader in scope.
Gain Sharing
A performance-based compensation strategy that rewards employees for contributing to their company's success through increased efficiency or profitability.
Historical Benchmark
A reference point derived from historical data against which current performance or achievements can be measured or compared.
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