performance pay
Earnings tied to output
Performance pay is compensation tied to results rather than time worked.
Employees receive bonuses, commissions, or raises based on meeting targets or exceeding expectations: The sales team is on performance 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
- raiseLift or increase
- commissionPayment for services rendered
- piece rateCompensation per unit produced
- profit-sharingDistributing earnings among workers
incentive pay · paycheck · pay stub · merit pay · burnout · rat race · motivation · stock options · corner office · intrinsic rewards · compensation · annual review · sales quotas · sales floor · job satisfaction · startups · overtime pay · efficiency ratings
- compensationpay, salary, income, wage, bonus
- rewardsrewards, reward, prizes, prize, trophy
- executive compensationbase salary, bonuses, stock options, restricted stock, incentive pay
- Government Reformbudget reform, fiscal reform, government reform, policy reform, regulatory reform
- profit sharingprofit sharing, profit-sharing, shared profits, revenue sharing, bonus
- public paysalary, gross pay, net pay, pay, pay grades
performance paybase salary
Guaranteed regular compensation
flat rate · hourly wage · cost-of-living adjustment · steady paycheck · guaranteed income