Identify the following rhythm (lead II): ____________________
Definitions:
Awarding Pay Increases
The process of granting employees a raise in their salary or wage, typically in recognition of their performance, inflation adjustment, or promotion.
Job-Based Pay Structures
Compensation frameworks that determine an employee's salary based on the specific job role rather than individual performance or characteristics.
Promotions
The advancement of an employee to a higher position within an organization, typically accompanied by an increase in salary and responsibilities.
Lateral Career Moves
Involves moving to a different position within the same level of hierarchy within an organization, often to gain a broader range of experience or skills without necessarily obtaining a promotion.
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