Performance related pay definitions

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Performance-related pay

Performance-related pay logo #21000 Performance-related pay or pay for performance is money paid relating to how well one works. Car salesmen or production line workers, for example, may be paid in this way, or through commission. Many employers use this standards-based system for evaluating employees and for setting salaries. Standards-based methods have been in de facto use for ce...
Found on http://en.wikipedia.org/wiki/Performance-related_pay

Performance related pay

Performance related pay logo #20140The income of a worker is adjusted according to their performance. Exceeding set targets can result in a bonus.
Found on http://www.encyclo.co.uk/local/20140

Performance-Related Pay

Performance-Related Pay logo #22643A scheme set up in the workplace in which the employees get paid according to how well they perform in their job.
Found on http://www.encyclo.co.uk/local/22643
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