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

Spot Awards

Spot Awards are a frequently administered “alternative pay” program for non-exempt and exempt non-management personnel. They are usually cash or gift awards delivered “on-the-spot” for extraordinary performance, completion of a project, and/or individual recognition. These awards are typically administered at the discretion of management.

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