Remove Comprehensive Benefits Remove Employee Benefits Remove Profit Sharing Plan Remove Retirement Plan
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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. This type of compensation is directly tied to an employee’s individual or team performance and is designed to reward outstanding contributions.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Many companies tend to give employees things they don't want or need, like a new phone, a laptop, or company merchandise. Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharing plans , wellness memberships, etc. By doing so, you elevate employee morale and reduce absenteeism.

IT 52