Examlex
Which of the following is correct?
Incentive Compensation
A system of pay based on performance, aiming to motivate employees through rewards tied to achieving specific goals or benchmarks.
Net Profits
The amount of money that remains from revenues after all operating expenses, interest, taxes, and preferred stock dividends have been deducted; a key indicator of a company's financial health.
Bonus Pay
Additional compensation given to employees beyond their regular salary, typically as a reward for achieving certain goals or exceptional performance.
Lump-sum Payments
One-time payments made for the entire amount of an obligation or transaction, as opposed to installments.
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