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Identify/define and explain the significance of the following: John Wilkinson.
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.
Poor Performing Employee
An individual in an organization whose work performance does not meet established standards or expectations.
Negative Signal
An indication or warning of potential problems, risks, or undesirable outcomes, often leading to a reassessment of strategies or decisions.
Bonus Pay
A plan that provides one-time payments based on performance accomplishments.
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