Examlex
What is the process of monitoring and responding to what is being said about a company, individual, product, or brand?
Merit Pay Systems
Compensation methods where employees' performance is directly tied to their salary increments, bonuses, or promotions, aiming to reward high performance.
Performance Contributions
The measurable impacts or outcomes that an individual's actions have on achieving organizational objectives.
Pay Increases
Adjustments or raises in an employee's salary or wage rate.
Merit Raise
A salary increase awarded to an employee based on their job performance, distinguishing it as a reward for merit rather than other factors like seniority.
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