When individuals are rewarded based on how well they perform on the job,this is called ___________________________.

Question

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Contingent pay is a system in which employees are rewarded based on their job performance or the accomplishment of specific goals or objectives. This system is also known as performance-based pay, merit-based pay, or pay-for-performance. The other options, consistency pay, constant pay, and calculated pay, do not refer to a system of payment based on job performance.

When Individuals Are Rewarded Based on How Well They Perform