The portion of increased salary paid to employee for an individual performance is called ___________?
Correct answer: A. merit pay
- A. merit pay
- B. motivators
- C. de-merit pay
- D. fixed merit payMcqs Website Access
Explanation
Merit pay is the portion of compensation added in recognition of an employee’s individual performance or merit. It is different from a general fixed salary increase paid regardless of performance.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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