merit pay Antonyms
No Synonyms and anytonyms found
Meaning of merit pay
Wordnet
merit pay (n)
extra pay awarded to an employee on the basis of merit (especially to school teachers)
merit pay Sentence Examples
- Merit pay rewards employees based on their individual performance and contributions.
- The merit pay system aims to incentivize high achievers and foster productivity.
- Managers assess employees' performance through specific criteria and allocate merit pay accordingly.
- Merit pay helps organizations attract and retain top talent by recognizing their value.
- Employees who consistently exceed expectations are eligible for higher merit pay increases.
- Transparent merit pay guidelines ensure fairness and objectivity in the process.
- Merit pay can foster a healthy competitive environment among employees.
- Some argue that merit pay creates a hierarchical system and may discourage collaboration.
- Organizations need to balance merit pay with other forms of compensation and recognition.
- Merit pay is one tool used by employers to motivate employees and align their work with organizational goals.
FAQs About the word merit pay
extra pay awarded to an employee on the basis of merit (especially to school teachers)
No synonyms found.
No antonyms found.
Merit pay rewards employees based on their individual performance and contributions.
The merit pay system aims to incentivize high achievers and foster productivity.
Managers assess employees' performance through specific criteria and allocate merit pay accordingly.
Merit pay helps organizations attract and retain top talent by recognizing their value.
