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Day: September 24, 2016

HR Word of The Day 0

HR Word: Incentive Pay

‚ÄčIncentive Pay definition Compensation awarded for results rather than for time worked. Incentive pay, also known as pay-for-performance, is so-called because the prospect of financial compensation is supposed to be an incentive for an employee to remain motivated, work hard and strive for the best possible results.  Commission, where sales staff get paid a proportion of each sale they make, […]