Variable Pay

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glossary

Variable pay is that portion of the compensation which is determined by the performance of an employee. When the goals are met, the pre-decided variable pay amount is paid to the employee along with the salary. It can also be called a bonus, incentive, commission.

Generally, it is paid when as a way to appreciate and recognize the employee efforts.

Also Read: 7 Credible Performance Appraisal Methods That Actually Work

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Sukriti Saini

Sukriti Saini works as a content marketing strategist at HROne. She has done Bachelors in Journalism from Delhi University and carries several years of experience in content development. HR trends, Productivity, Performance and topics related to Employee Engagement garner most of her writing interest here. During leisure, she loves to write and talk about fashion, food & life.

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