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Types of Compensation: Everything HR Needs to Know

HR Lineup

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. Commissions: Common in sales and certain roles, commissions are a percentage of sales or revenue generated by an employee.

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The Payday Puzzle: Solving Employee Compensation and Benefits

HR Digest

It includes monetary rewards like a base salary, bonuses, commissions, and any other incentives that an organization offers. Another way to manage compensation is to offer performance-based incentives such as monetary rewards, bonuses, commissions, and profit-sharing plans.

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Designing Effective Variable Compensation Structures in Compensation Planning

HR Digest

Compensation planning is a critical function of any organization’s human resources management. Designing Variable Compensation Structures Variable compensation structures can take many forms, including bonuses, commissions, stock options, and profit-sharing plans.

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How To Build An Employee Stock Purchase Plan

Vantage Circle

stated that the primary reason for offering an employee stock purchase plan is to attract and retain better employees and align the interests of its employees with those of its shareholders. Employee stock purchase plan are a type of ESOP (Employee stock option plan). What Is An Employee Stock Purchase Plan?