Examlex
For most people,pay is considered to be:
Performance Standard
The expected level of performance that serves as a benchmark to evaluate an employee's job performance.
Incentive Payments
Financial rewards given to employees to encourage or reward them for achieving particular goals or performing at a superior level.
Entitlement
A right granted by law or contract, especially to financial benefits from the government.
Bonus
An incentive payment that is supplemental to the base wage.
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