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The Central Limit Theorem is used to describe the sampling distributions of statistics, such as and
, when the population is known to be normally distributed.
Specified Rewards
Rewards clearly defined and communicated in advance, contingent on the achievement of specific objectives.
Contingent Reward
A leadership strategy where rewards are given based on performance or the achievement of certain criteria.
Annual Performance Reviews
A formal assessment process where an employee's job performance is documented and discussed, often yearly, by supervisors.
Pay Raise
An increase in the amount of salary or wages given to an employee, typically as a recognition of performance or to adjust for inflation and living costs.
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