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Mean
The arithmetic average of a set of values or a distribution, calculated by summing all the values and dividing by the number of values.
Organization-Level Incentive
A reward or bonus system designed to encourage and reward collective achievements of all members within an organization, aiming to drive overall organizational performance.
Profit Sharing
A company policy where employees receive a share of the company's profits beyond their regular pay, serving as an incentive and reward.
Gainsharing
A type of incentive plan where employees receive bonuses based on the cost-saving or performance improvements they help achieve for the company.
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