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Types of Compensation: Everything HR Needs to Know

HR Lineup

FEBRUARY 1, 2024

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. Crafting a comprehensive benefits package that meets the diverse needs of employees while staying competitive in the job market is a key responsibility for HR.

Bonuses 60
Bonuses Commissions Salary Overtime 60
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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

OCTOBER 11, 2023

Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharing plans, or stock options. Flexible benefits packages Employee benefits are a valuable form of recognition.

Bonuses 40
Bonuses Retail Food Benefits Package 40
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