Examlex
The term "Defect" is related to the term "Fault" because a fault is a defect, which has not yet been identified.
Nonmonetary Rewards
Incentives or benefits given to employees that do not involve direct financial compensation, such as recognition or growth opportunities.
Eliminate
To completely remove or get rid of something, often used in the context of removing inefficiencies or redundancies in a system.
Base Pay
The initial rate of compensation that an employee receives, not including bonuses, benefits, or other forms of additional compensation.
Merit Pay Plans
Compensation strategies that reward employees based on their performance, often aimed at boosting motivation and job performance.
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