Examlex
Developed countries still have major advantages in access to information technology over emerging economies because of the significant cost of the infrastructure needed for computing power.
Merit Pool
A budget set aside for merit-based increases in pay for employees, typically based on performance reviews.
High Performers
Employees who consistently exceed the standard performance expectations in their roles, contributing significantly to the organization's success.
Incentive Pay
A form of compensation designed to reward employees for achieving specific performance targets or outcomes, promoting increased productivity and motivation.
Profit Sharing
A corporate program where employees receive a share of the company’s profits, typically provided as part of their compensation package.
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