Pay-for-performance is incentive pay that ties at least part of compensation to employee effort and performance.

Name: Pay-for-performance is incentive pay that ties at least part of compensation to employee effort and performance.
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Pay-for-performance is a type of incentive pay that links a portion of compensation to employee performance and effort. This approach is used to motivate employees to work harder and achieve better results, as they know that their pay is linked to their performance.

Pay-For-Performance Is Incentive Pay That Ties at Least Part of Compensation