Examlex
Undue influence can occur when a named beneficiary is in a position to influence the making of a will.
Merit Pay System
A compensation strategy that rewards employees based on their job performance, typically involving evaluations and performance metrics to determine pay increases.
Pay Increases
Adjustments to salary or wages to enhance an employee's compensation.
Performance Contributions
The measurable output or results produced by an employee that contribute to the organization's objectives.
Skills-based Pay
A compensation system that rewards employees for the range, depth, and types of skills and knowledge they are capable of using in their work, rather than their job title or position.
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