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Chaim worked as a professor in a department whose chair was a tyrant. This supervisor would constantly micromanage projects, tell Chaim what to do and when to do it, and was virtually impossible to please. After three years, Chaim had lost all of his passion for teaching and decided to change careers. Chaim was experiencing ________.
Commissions
Earnings based on a percentage of the sales made by an employee or agent, as a form of incentive pay.
Pay Equity
The principle of offering equal pay for work of equal value, aiming to eliminate wage discrimination based on gender or other unrelated factors.
Equal Pay
The principle of compensating employees equally for work of equal value regardless of gender, race, or other non-performance-related factors.
Skill-Based Pay
A compensation system that pays employees based on the skills they have acquired, rather than their job title or position alone.
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