Difference between revisions of "Merit-based pay"
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Latest revision as of 19:56, 25 March 2020
Merit-based pay (alternatively known as merit-based pay plan) is a pay plan based on performance appraisal ratings.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Merit-based pay plan. A pay plan based on performance appraisal ratings.
