Awards,merit pay,and bonuses are all similar in that they are paid once a year,do not raise the employee's base salary,and are based on performance.

Name: Awards,merit pay,and bonuses are all similar in that they are paid once a year,do not raise the employee's base salary,and are based on performance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Awards, merit pay, and bonuses are not necessarily paid once a year and they can vary in frequency. Additionally, merit pay can raise an employee's base salary if it is a permanent increase.

Awards,merit Pay,and Bonuses Are All Similar in That They Are