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The figure indicates that
Pay-For-Performance
Pay-For-Performance is a compensation strategy where employees' compensation is directly linked to their performance or achievements.
Organizational Productivity
The measure of how efficiently and effectively an organization uses its resources to achieve its goals.
Gain Sharing
A performance-based compensation model where employees receive bonuses or rewards based on the productivity improvements or successes of their organizational unit.
Skill-Based Pay
A compensation system that rewards employees for the skills and knowledge they possess, rather than the position they hold.
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