Types of Pay

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berts

Cards (4)

Merit pay system - is a system where employees are rewarded based on their individual performance.
(No Motivation by supervisor/ manager)
Pay-for-performance - initiatives typically provide guidelines that explain what behaviors or performance evaluation results lead to increased pay.
(Includes Motivation)
Also called earnings-at-risk (EAR) plans
Supplemental pay - is monetary compensation given to the employee in addition to their regular base salary.
(In addition to thier current salary)
Severance pay - is the compensation and/or benefits an employer provides to an employee after employment is over.

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Types of Pay

Cards (4)

7.3.1 Questionnaires

2. Types of business organization

4.2.1 Surveys and questionnaires

Edexcel GCSE Psychology

4.2.1 Surveys and questionnaires

AP Psychology

6.14.3 Changing organizational culture

2.6.3 Industrial Processes

4.1 Organisational structures

4.1 Organisational structures

2.5.1 Organisational Structures

6.14.1 Defining organizational culture

1D.7.4.7 Agricultural and Industrial Developments

7.1 The Industrial Revolution

3.2 Organizational Structures and Different Ways of Working

Unit 4: Social Psychology and Personality

2.3 Research Methods in Cognitive Psychology

5.1 Origins of Psychology

5. Sports psychology

4.2 Major Civil Rights Organizations

OCR GCSE Psychology