Examlex
Companies around the world are gradually beginning to move away from pay-for-performance compensation schemes to more equitable forms of collective salaries.
Deficit Principle
The principle that a satisfied need does not motivate behaviour.
Safety Needs
Basic human necessities for security and protection from physical and emotional harm, as identified in Maslow's hierarchy of needs.
Base Compensation
A salary or hourly wage paid to an individual.
Praise And Recognition
Acknowledgment and appreciation of an individual's contributions and achievements, often used as a motivational tool in management.
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