performance-based pay
Results-driven salary structure
Performance-based pay is compensation tied to measurable results rather than hours worked or tenure.
Employees earn bonuses, commissions, or salary increases based on hitting targets: Sales staff work on performance-based pay.
The system aims to motivate productivity but can create pressure or encourage gaming metrics.
Also called pay for performance or incentive pay.
- bonusReward beyond expectation
- commissionPayment for services rendered
- piece rateCompensation per unit produced
- motivationImpetus toward a goal
- bottom lineEssential point or conclusion
profit-sharing · skin in the game · sales targets · stretch goals · moving the goalposts · job satisfaction · rat race · stock options · corporate culture · peer reviews · 360-degree feedback · retention bonus · golden handcuffs · carrot and stick · behavioral economics · manufacturing jobs · creative industries · KPIs
performance-based paycost-of-living adjustments
Wage hikes offsetting inflation
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