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FINANCIAL REWARDS - Coggle Diagram
FINANCIAL REWARDS
Wages
Time rates, employees are paid an hourly rate, of hours per week.
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Piece rates, employees are paid for each unit or batch produced.
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Commission
Employees are paid by results, can be a fee or a percentage of something sold.
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Profit- related pay
The amount an employee receives, linked to the amount of profit made by the business
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Fringe Payments
Perks, extra that businesses offer to their employess.
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