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Who Heads the Different Branches Within a Department

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Who heads the different branches within a department?


Definitions:

Bonus Pay

Additional compensation given to employees as a reward for achieving specific goals, performance levels, or for exceptional work beyond their regular pay.

Merit Pay

A system of compensation where employees are awarded pay increases or bonuses based on their performance or achievements.

Profit-Sharing

A compensation strategy where employees receive a share of the company's profits, typically as a supplement to their regular income.

Lump-Sum Payments

A single payment made at a particular time, as opposed to multiple payments made over a period of time.

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