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Identify and state the historical significance of the following:
-Eighteenth Amendment
Performance-Based Rewards
A compensation system where employees are rewarded based on their performance and achievements.
Merit-Pay Plan
A compensation strategy that increases an employee's pay based on their performance and achievements.
Incentive Compensation Systems
Reward mechanisms designed to provide financial or tangible rewards to employees for meeting certain performance objectives.
Performance Appraisal
A systematic evaluation process in which an employee's job performance is assessed and discussed, typically for decisions regarding promotions, compensations, or developmental needs.
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