Examlex
You keep hearing a colleague of yours use a term and you are unfamiliar with it. Ultimately, however, you realize that it is a synonym for the term port. What is it?
Direct Payment
The monetary compensation paid directly to employees in the form of wages, salaries, commissions, and bonuses.
Goal-Sharing Plans
Incentive plans that reward employees for reaching specific organizational goals, similar to gain-sharing but often broader in scope.
Gain Sharing
A performance-based compensation strategy that rewards employees for contributing to their company's success through increased efficiency or profitability.
Historical Benchmark
A reference point derived from historical data against which current performance or achievements can be measured or compared.
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