Financial Incentives
- Created by: jacob
- Created on: 20-04-14 17:19
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- Financial Incentives
- A bonus
- One off payment in recognition of the contribution made to the firm
- Commision
- A payment of a percentage of the value of each product sold
- profit sharing
- employees get a percentage profit
- profit related pay
- Pay is linked to profit made
- performance related pay
- A bonus related to employee achievementof some kind
- piece rate
- Pay is linked to output produced
- A bonus
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