Examlex
Which strategy is an organization following when it focuses on making an organization more competitive by developing a product or products that customers perceive as being different from products offered by competitors?
Retention Bonus
A financial incentive offered to an employee to encourage them to stay with the company for a specified period.
Retention Bonuses
Financial incentives offered to employees to encourage them to stay with the company for a specified period.
Gainsharing
A program in which employees receive financial benefits from the company's cost savings due to their collective efforts to improve performance and efficiency.
Merit Pay
A form of compensation where employees receive additional pay or bonuses based on their performance and achievements, as determined through evaluations or assessments.
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