Examlex
A ________ is a conservative estimate of the expected volume of sales, primarily for making current purchasing, production, and cash flow decisions.
Skill-Based Pay
A compensation system where employees' wages are based on their skills, knowledge, and abilities rather than their job title or position.
Productivity
The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Forced Distribution
A performance evaluation method where employees' performances are ranked and distributed along a bell curve, forcing differentiations among workers.
Performance Appraisal
Performance appraisal is a systematic evaluation of an employee's job performance and productivity, typically conducted by managers or supervisors.
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