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Random, unforeseeable events can have a significant impact on future cash flows.
Monetary Rewards
Compensation or incentives given in the form of money to employees as recognition for their work or achievement.
Nonmonetary Rewards
Incentives provided to employees that do not involve direct payment, such as recognition, promotions, or professional development opportunities.
Base Salary
The initial rate of compensation an employee receives in exchange for services, not including additional bonuses, benefits, or overtime.
Pay Perception
An individual's understanding and evaluation of how their compensation compares to others and its fairness, adequacy, and alignment with their contributions.
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