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What Do Organizations Generally Rely on to Help Balance the Competing

question 16

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What do organizations generally rely on to help balance the competing ideas,desires, And objectives of individual employees?


Definitions:

Spot Bonuses

Immediate, unplanned rewards given to employees for exceptional performance or achievements.

Performance Standard

The expected level of performance that serves as a benchmark to evaluate an employee's job performance.

Incentive Payments

Financial rewards given to employees to encourage or reward them for achieving particular goals or performing at a superior level.

Entitlement

A right granted by law or contract, especially to financial benefits from the government.

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