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Incentive Pay
Additional compensation awarded to employees for achieving defined goals, exceeding performance standards, or for exceptional contributions to the company.
Hierarchy
a system or organization in which people or groups are ranked one above the other according to status or authority.
Performance-Based Pay
A compensation strategy that links employee pay directly to their performance outcomes, incentivizing high performance.
Balanced Scorecards
A strategic planning and management system used for aligning business activities to the vision and strategy of the organization.
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