Examlex
A sales representative for Coca-Cola travels to various restaurants to determine how much syrup the customer needs for the coming period. This sales representative would be classified as a(n)
Merit Pay
A compensation strategy where employees receive salary increases or bonuses based on their performance evaluations, aimed at rewarding high-quality work.
Incentive Pay
Additional compensation awarded to employees as a means of encouraging increased productivity or performance.
Subjective Performance
An evaluation of an employee's work based on personal judgments or opinions, rather than measurable outcomes or metrics.
Spot Award
A one-time recognition given to an employee for exceptional performance or a significant achievement.
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