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Describe the "Salami Technique

question 56

Essay

Describe the "salami technique."


Definitions:

Incentive Pay

Additional compensation awarded to employees for achieving specified goals or exemplary performance.

Performance Measures

Quantitative and qualitative indicators used to assess how well an individual, organization, or system is performing, often against predefined targets or standards.

Previous Year's Profits

The net earnings of an organization in the financial year immediately preceding the current one.

Gainsharing Plan

A performance-based compensation strategy that allows employees to share in the company's savings or gains, often from productivity improvements.

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