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In employing the randomized block design, the primary interest lies in reducing sum of squares for blocks (SSB).
Base Pay
The initial salary paid to an employee, not including any extra bonuses, benefits, or raises.
Merit Pay
A compensation strategy where employees receive salary increases or bonuses based on their performance evaluations, aimed at rewarding high-quality work.
Incentive Pay
Additional compensation awarded to employees as a means of encouraging increased productivity or performance.
Subjective Performance
An evaluation of an employee's work based on personal judgments or opinions, rather than measurable outcomes or metrics.
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