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Post by sadiaseo12922 on Dec 19, 2023 1:01:53 GMT -6
There Are Various Forms of Variable Compensation That Companies and Employees Can Agree on. These Are Based on Various Measurable Parameters and Must Be Recorded in the Employment Contract. Variable Compensation Systems: These Forms Exist There Are Different Compensation Systems for Variable Compensation, Each of Which is Based on Different Criteria. The Three Most Important Are: 1. Sales-based Compensation With Sales-based Compensation, Employees' Variable Compensation Depends on How Much Sales They C Level Contact List Generate. The Remuneration is Often Staggered Depending on the Level of Sales and the Goals Set. You Can Also Use the Sales of Individual Employees, Entire Teams or Different Departments as the Basis for Compensation. 2. Performance-based Compensation With Performance-based Remuneration. The Variable Remuneration is Based on the Individual Performance of Employees. Criteria Such as Commitment, Flexibility or Hard Work Serve as the Basis for Evaluation. It is Important That These Evaluation Criteria Are Clearly Defined and Written Down in the Employment Contract. 3. Profit or Performance-based Compensation (Profit Sharing) Performance-based Compensation is Based on the Individual Successes of Individual Employees.
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