Examlex
Performance appraisal is best defined as the process of
Organizational Mission
The fundamental purpose or goal that guides a company or institution, often stated in a mission statement.
Incentive Pay
A form of compensation designed to reward employees for achieving specific performance targets or objectives.
Base Pay
The initial rate of compensation that an employee receives in exchange for their services, not including benefits, bonuses, or any other potential compensation.
Permanent Adjustment
A change in a workplace or work procedure that is intended to remain in effect indefinitely.
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