Examlex
Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Horst von Maltitz
Turnover
The rate at which employees leave a workforce and are replaced by new personnel.
Variable Pay
A compensation strategy where an employee's earnings fluctuate based on performance or results achieved.
Performance Measure
Metrics or indicators used to assess the efficiency, effectiveness, and productivity of an employee, team, or organization.
Motivator
A factor that encourages individuals to act or behave in a certain way in order to achieve desired outcomes.
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