Employers Can Separate the Administrative, Developmental, and Compensation Elements of Performance

question 15

True/False

Employers can separate the administrative, developmental, and compensation elements of performance appraisals by holding separate time-spaced discussions for each.

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Definitions:

Performance Pay Plans

Compensation strategies designed to directly link employees' pay with their performance or achievements in the workplace.

Discontinuation Rates

The rate at which products or services are discontinued or taken out of production or availability.

Mandatory Indirect Pay

Required compensation benefits provided by employers, such as social security contributions and unemployment insurance, that are not part of direct wages.

Medical Coverage

An insurance benefit that covers the cost of an individual's healthcare needs, usually provided by employers or purchased individually.