Difference between revisions of "Variable pay plan"

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Latest revision as of 19:53, 21 July 2020

Variable pay plan is compensation that is less predictable than standard base pay. Profit sharing, incentives, bonuses, or commissions that align compensation with performance.

Definition

According to the HRBoK Guide,

Variable pay plan. Compensation that is less predictable than standard base pay. Profit sharing, incentives, bonuses, or commissions that align compensation with performance.