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A living will
Allocating Points
The process of distributing or assigning points based on certain criteria, often used in scoring systems, evaluations, or resource management.
Individual Incentive Plan
Compensation strategy designed to reward employees based on their individual performance achievements.
Piecework
A payment method based on the amount of work completed rather than the time taken, frequently used in manufacturing and agriculture.
Variable Pay
A compensation strategy that ties employee pay directly to their performance or achievements, often including bonuses, commissions, and profit-sharing plans.
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