Examlex
An open-end question requires respondents to choose from a short list of choices
Merit Pay
A pay increase given to employees based on their performance, usually assessed through performance evaluations, to incentivize productivity and excellence.
Employee Performance Appraisals
A periodic review and evaluation of an individual's job performance and productivity in relation to certain pre-established criteria and objectives.
Incentive Plans
Compensation strategies designed to motivate and reward employees for achieving specific performance goals or business outcomes.
Organizational Performance
The ability of an organization to achieve its goals and objectives, often measured through various indicators such as profitability, effectiveness, and efficiency.
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