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Historians generally do not use the term feudalism today because it:
Profit-Sharing
A compensation strategy where employees receive a portion of the company's profits in addition to their regular salary, linking their earnings to the company’s performance.
Flexible Benefit Plans
Employee benefit programs that allow workers to choose from a variety of pre-tax benefits, customized to their personal needs.
Skill-Based Pay
A compensation system where employees are paid based on the skills and qualifications they bring to their job, rather than just their job title or position.
Informal Rewards
Non-official recognition or rewards, often personal or social, given in the workplace or other settings.
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