Examlex
What is meant by the statement: "You cannot not communicate?"
Performance-Based Pay
A compensation strategy that ties a portion of an employee's pay directly to their performance or achievements, incentivizing high performance.
Cash Rewards
Monetary incentives provided to employees, customers, or individuals as recognition for their achievements, loyalty, or participation.
Performance
Performance refers to the execution and accomplishment of given tasks measured against preset known standards of accuracy, completeness, cost, and speed.
Merit Pay
A pay increase given to employees based on their performance, as a reward for achieving specific goals or outstanding work.
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