Merit pay — is a term describing performance related pay, most frequently in the context of educational reform. It provides bonuses for workers who perform their jobs effectively, according to measurable criteria. In the United States, policy makers are… … Wikipedia
merit pay — ➔ pay1 * * * merit pay UK US noun [U] HR, WORKPLACE ► PAY FOR PERFORMANCE(Cf. ↑pay for performance) … Financial and business terms
merit pay — noun extra pay awarded to an employee on the basis of merit (especially to school teachers) • Hypernyms: ↑wage, ↑pay, ↑earnings, ↑remuneration, ↑salary * * * an additional sum paid to an employee, as a schoolteacher, whose work is superior and… … Useful english dictionary
merit pay — an additional sum paid to an employee, as a schoolteacher, whose work is superior and whose services are valued. * * * … Universalium
merit bonus — ➔ bonus * * * merit award/bonus/raise, etc. ► HR, WORKPLACE extra pay given to employees who have done their job well and made noticeable improvements in the company, department, etc.: »The average merit pay increase over the past five years has… … Financial and business terms
merit award — merit award/bonus/raise, etc. ► HR, WORKPLACE extra pay given to employees who have done their job well and made noticeable improvements in the company, department, etc.: »The average merit pay increase over the past five years has been in the… … Financial and business terms
merit award/bonus/raise — merit award/bonus/raise, etc. ► HR, WORKPLACE extra pay given to employees who have done their job well and made noticeable improvements in the company, department, etc.: »The average merit pay increase over the past five years has been in the… … Financial and business terms
merit award/bonus/raise, etc. — merit award/bonus/raise, etc. ► HR, WORKPLACE extra pay given to employees who have done their job well and made noticeable improvements in the company, department, etc.: »The average merit pay increase over the past five years has been in the… … Financial and business terms
merit bonus/raise — merit award/bonus/raise, etc. ► HR, WORKPLACE extra pay given to employees who have done their job well and made noticeable improvements in the company, department, etc.: »The average merit pay increase over the past five years has been in the… … Financial and business terms
merit raise — merit award/bonus/raise, etc. ► HR, WORKPLACE extra pay given to employees who have done their job well and made noticeable improvements in the company, department, etc.: »The average merit pay increase over the past five years has been in the… … Financial and business terms
pay for performance — ˌpay for perˈformance noun [uncountable] HUMAN RESOURCES pay that increases when your work improves or becomes more productive and goes down if the opposite happens; = MERIT PAY; PERFORMANCE RELATED PAY * * * pay for performance UK US noun [U] HR … Financial and business terms