Examlex
Which set of global standards is based on corporate codes of conduct?
Performance Contingency
The concept that employee performance outcomes are contingent upon certain conditions or factors.
Equity
The concept of fairness or justice in the way people are treated within various contexts, or in finance, the ownership interest in a company as represented by stocks or shares.
Effort
The amount of physical or mental energy expended towards achieving a goal or task.
Skill-Based Pay
A compensation system that rewards employees for the skills and knowledge they acquire and are able to apply in their jobs, rather than for their job title or position alone.
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