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Performance verses seniority is a strategic choice of pay strategy considered in:
Intrinsic Motivation
The drive to engage in an activity for its own sake, finding it internally rewarding rather than for some external reward.
Extrinsic Motivation
Motivation that is driven by external rewards such as money, fame, grades, and praise.
Rewards
Positive reinforcements or outcomes that enhance the likelihood of repeating a behavior or action.
Emotion Experience
The process of consciously feeling or perceiving emotions, which involves both physiological arousal and cognitive appraisal.
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