Examlex
Implicit service guarantees are always in writing.
Effectiveness Criteria
Standards or metrics used to assess the success or performance of an employee, project, or organization in achieving its goals.
Reward System
A set of mechanisms for distributing both tangible and intangible returns as part of an employment relationship.
Compensation System
A framework used by organizations to plan, implement, and manage how employees are paid for their work, including salaries, bonuses, and benefits.
Base Pay
The initial rate of compensation an employee receives before any bonuses, benefits, or additional pay is added.
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