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Goal System
A structured approach to setting, monitoring, and achieving objectives within an organization, often linked to performance management.
Job Evaluation System
A method used by organizations to assess the value of each job in relation to others within the company to determine appropriate compensation levels.
Point Method
A technique used in job evaluation that involves quantifying job elements to determine the value of a position within an organization.
Competency-Based Pay
A salary system that bases compensation on an employee's skills, abilities, and performance rather than job title or position alone.
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