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Explain the difference between vouching and tracing.
Reward Performance
Implementing incentives or recognition for individuals or teams based on their achievements or output, typically to motivate and encourage desired behaviors or outcomes.
Firm Loyalty
The degree of commitment and allegiance an employee exhibits towards their organization, often resulting in increased productivity and willingness to contribute to the company's success.
Merit Pay System
A compensation strategy that rewards employees based on their performance and achievements rather than their role or seniority.
Performance Measures
Quantitative or qualitative metrics used to evaluate the efficiency and effectiveness of an individual, group, or organization's operations against defined objectives.
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