Examlex
Promises to perform prior unenforceable obligations are enforceable even though they are not supported by consideration.
Merit Pay Plan
A compensation strategy where employees are rewarded based on their performance and achievements, encouraging higher levels of effort and productivity.
Individual Performance
The level of efficiency and effectiveness with which an individual accomplishes their job-related tasks, goals, and responsibilities.
Team Basis
The foundation or principle of working in groups composed of individuals who collaborate to achieve a common goal or task.
Supervisory Ratings
Assessments made by supervisors regarding the performance and competencies of their direct reports, often used in performance evaluations.
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