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Sales Commission
is a compensation method used in sales, where employees earn a percentage of the revenue they generate, incentivizing higher sales performance.
Merit-Pay Plan
A Merit-Pay Plan is a compensation strategy that rewards employees based on their performance and achievements, often used to incentivize higher productivity.
Profit-Sharing Pool
A financial arrangement where a portion of a company's profits is distributed to its employees.
Productivity Improvements
Enhancements in the efficiency and effectiveness of work processes, leading to higher output or quality with the same or lower input.
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