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Skill-based Pay Systems
Compensation strategies where employees are paid based on the number, kind, or level of skills they possess, rather than their job title or position.
Job Enrichment
Empowering workers by adding more decision-making authority to jobs.
Piecework Plan
A compensation system where employees are paid a fixed rate for each unit of production or action they complete, encouraging productivity.
Pay Structure
An organizational system that categorizes employee compensation into levels based on job duties, seniority, and performance outcomes.
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