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What would you advise an organisation that is holding onto an underperforming business out of loyalty?
Organizational Performance
The measurement of an organization's efficiency, effectiveness, and ability to meet its goals.
Lump-Sum Merit Raises
A one-time payment given to an employee as a reward for exceptional performance, instead of a regular salary increase.
Merit-Based Increase
Salary increases awarded to employees based on their performance, achievement, or accomplishments rather than tenure or seniority.
Merit Raises
Salary increases based on an employee's performance as assessed through evaluations, rewarding good work.
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