merit pay
Achievement-based compensation
Merit pay is compensation tied to performance rather than seniority or fixed scales.
The term appears most often in debates about teacher compensation, where critics question whether student outcomes fairly measure teacher effectiveness: The district proposed merit pay to reward top-performing teachers.
Also called pay-for-performance.
- bonusReward beyond expectation
- annual bonusPeriodic employee compensation supplement
- commissionPayment for services rendered
- profit-sharingDistributing earnings among workers
- salaryFixed periodic employment payment
compensation package · appraisal · benchmarks · stock options · performance bonuses · annual review · fairness · goal-setting · performance standards · wage · meritocracy · stipend · feedback · peer review · self-assessment · grades · raise · productivity
- teachingteaching, lesson plans, instructing, educating, courses
- compensationsalary, income, wage, bonus, payment
- incomesalary, earnings, income, wages, net earnings
- job perkssalary, perks, pension plans, 401k, benefits
- Money Gainsbonus, salary, wage, tip, tips
- rewardsrewards, reward, prizes, prize, trophy
merit payequal pay
Matching compensation regardless of identity
pay equity · guaranteed income · living wage · base salary · minimum wage