Examlex
During Stage 3 NREM,
Administering Pay and Benefits
The process of managing and overseeing employee compensation and benefits packages.
Year-end Bonuses
Financial rewards given to employees at the end of the fiscal year, often based on performance or as part of a holiday tradition.
Salaries
Fixed amounts of money or compensation paid to employees by an employer at regular intervals in exchange for their work.
Performance Management
The systematic process by which an organization involves its employees in improving organizational effectiveness in the accomplishment of the organization's mission and goals.
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