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What is a performance based salary?

Updated: 10/10/2023
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14y ago

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Performance-related pay is pay or a salary increase which is based solely on how well someone performs their job as compared to the expectations of the job, also known as their job description. Usually, there are two types of pay or pay increase, one is peformance relate, as defined above, the other is tenure related, which means you're giving the employee's pay rate or increase is based on how long they've been with the company.

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15y ago
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14y ago

Salary that is based on how well you preform or how well your company does.

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