Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Pay for Performance Plan

A way to compensate employees based on productivity rather than hours worked or a set salary. Such plans typically use commissions or bonuses for employees in sales, and a variety of incentives for the organization’s executives.

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71 - Environments of Compensation and Benefits Administration
19
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