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Profit-Sharing Programs
Profit-sharing programs are incentive schemes wherein employees receive a share of the company's profits, usually based on the company's earnings over a specified period.
Flexible-Benefit Plans
Employee benefit programs that allow individuals to choose from a variety of pre-tax benefits according to their personal needs and situations.
Skill-Based Pay
A compensation system that bases employee pay on the skills, knowledge, and abilities they possess, rather than job title or position alone.
Skill-Based Pay
Skill-based pay is a compensation system where employees are paid based on the range, depth, and types of skills and knowledge they possess, rather than their job title or position.
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