What does merit pay mean?
Definitions for merit pay
mer·it pay
This dictionary definitions page includes all the possible meanings, example usage and translations of the word merit pay.
Princeton's WordNet
merit paynoun
extra pay awarded to an employee on the basis of merit (especially to school teachers)
ChatGPT
merit pay
Merit pay, also known as pay-for-performance, is a type of salary system that bases an employee's wages or bonuses on job performance. It is designed to reward employees for their skills, talents, work ethic, and job productivity. This compensation structure typically involves regular performance evaluations to determine pay increases.
Wikidata
Merit pay
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 divided on whether merit pay should be offered to public school teachers, as is commonly the case in the United Kingdom.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of merit pay in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of merit pay in Pythagorean Numerology is: 8
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"merit pay." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/merit+pay>.
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