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Team-Based Incentive Pay
A compensation strategy that rewards a group or team of employees for reaching specific goals or performance metrics.
Individualistic Culture
a culture that emphasizes personal goals and rights above those of the collective, with a focus on individual achievement and freedom.
Cafeteria Compensation Plans
Employee benefit plans that allow workers to choose from a variety of pre-tax benefits to create a package that best suits their needs.
Contingent Time Off
Time off from work that is not planned in advance and depends on certain conditions or occurrences, such as emergencies or unexpected events.
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