Bonuses Merit Pay Recruitment 
Higginbotham
DECEMBER 19, 2024
Types of Pay for Performance Models While pay-for-performance models can be tailored to meet the unique needs and objectives of different organizations, two of the most common types are merit pay increases and incentive pay. Incentive Pay: Incentive pay provides bonuses for meeting specific performance targets.
Business Management Daily
APRIL 16, 2024
Retaining top performers has become a serious challenge for recruiters in recent years. As such, employers must do everything they can to attract and retain high-performing employees, and issuing regular merit increases is one of the best ways to do so. When done properly, merit increases will contribute to your company’s success.
Expert insights. Personalized for you.
52 
Let's personalize your content