Examlex
Producers of computer software are plagued with the problem of "pirating," that is, many people copy software legally purchased by others.The industry estimates that for each legal copy of a program, there are two pirated copies in use.The industry wants strict laws for the enforcement of its "intellectual property rights," but enforcement is obviously very difficult.Economists call this problem
Base Salary
The initial rate of compensation an employee receives before any bonuses, benefits, or overtime allowances are added.
Group Bonus
A monetary reward given to a team or group of employees for achieving certain performance thresholds or objectives.
Commission
A form of payment to an employee based on the amount of sales that the employee generates, typically a percentage of the sales total.
Profit-Sharing Plans
A compensation program in which employees receive a share of the company's profits in addition to their regular salary, usually based on the company's earnings over a specific period.
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