Examlex
Examples of __________ level data include GRE scores and IQ scores.
Incentive Pay Plans
Compensation strategies designed to motivate employees through financial rewards based on performance, productivity, or achievement.
Base Pay
The initial salary given to an employee, not including benefits, bonuses, or any other potential compensation.
Merit Pay Plans
Compensation strategies that provide pay increases based on an employee's performance, as opposed to seniority or hours worked.
Performance Management System
A continuous process by which managers and employees work together to plan, monitor, and review an employee’s work objectives and overall contribution to the organization.
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