Examlex
The base of power that most people think of as authority and that is anchored to one's formal position is punishment.
Differential Piece Rate
A payment scheme where workers are paid based on the amount of work completed, with rates varying according to productivity levels.
Incentive Plan
A reward system used by companies to motivate and financially compensate employees based on achieving specific performance targets.
Organization's Goals
The objectives or targets a company aims to achieve, guiding its operations and strategic planning.
Retention Bonus
A financial reward offered to an employee as an incentive to remain with the company, underlining the organization's appreciation for their contribution.
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