What Is Sustainable Development

question 27

Short Answer

What is sustainable development?

---

Definitions:

Group Incentive Plan

A compensation system designed to reward a group of employees based on the collective achievements or performance of the group.

Retention Bonus

A financial incentive offered to an employee to encourage them to stay with the company for a specified period.

Retention Bonuses

Financial incentives offered to employees to encourage them to stay with the company for a specified period.

Gainsharing

A program in which employees receive financial benefits from the company's cost savings due to their collective efforts to improve performance and efficiency.