Asked by
Devan Roblero
on Oct 24, 2024Verified
Merit pay should clearly differentiate between high and low performers in the amount of pay received.
Merit Pay
Links an individual’s salary or wage increase directly to measures of performance accomplishment.
High Performers
Individuals or groups known for achieving exceptional results and exceeding established standards in their field.
Low Performers
Individuals or employees who do not meet the established performance standards of an organization.
- Understand the principles of merit pay and how it differentiates between employee performance levels.
Verified Answer
AJ
Learning Objectives
- Understand the principles of merit pay and how it differentiates between employee performance levels.