Examlex
What are the two primary parts of a simulation?
Performance-Based Pay
A compensation system where an employee's pay is based on performance or the achievement of specific targets.
Merit Pay
A raise in salary based on an employee's performance, rewarding those who meet or exceed specified work standards.
Criticism
The act of expressing disapproval of someone or something based on perceived faults or mistakes.
Merit Pay
A pay increase given to employees based on their performance, as an incentive to encourage higher productivity and commitment.
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