Term: Variable Pay Plan
Definition:A compensation plan that is used to attract and retain, engage, and reward employees. Variable pay plans are also an effective way to manage costs by tying performance to pay.
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Course | Page Number |
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72 - Nonprofit Variable Pay | 11 |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®