Examlex
Finance refers to all activities concerned with obtaining money and using it effectively.
Incentive Pay
Additional compensation awarded to employees as a means of encouraging increased productivity or performance.
Subjective Performance
An evaluation of an employee's work based on personal judgments or opinions, rather than measurable outcomes or metrics.
Spot Award
A one-time recognition given to an employee for exceptional performance or a significant achievement.
Gainsharing Award
A type of incentive program where employees receive financial bonuses based on improvements in the company's performance, which they contributed to.
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