Examlex
Replacing merit grids with _____ eliminates the link between the pay increase and the employees' salary position in the range and performance rating.
Swap Contract
A derivative contract through which two parties exchange financial instruments, typically involving cash flows based on a specified notional amount.
Specified Intervals
Pre-determined or agreed periods at which certain events or measurements take place.
Cash Flows
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
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