End of Chapter Review
MyManagementLab
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Summary
Learning Objective 1: Seniority and longevity pay reward employees with periodic additions to base pay according to length of service. Whereas seniority pay increases become a part of base pay, longevity awards do not.
Learning Objective 2: Merit pay rewards employees based on performance with periodic, recurring additions to base pay. Merit pay systems commonly incorporate subjective measures of employee performance.
Learning Objective 3: Performance appraisal is a mechanism that helps determine whether employees qualify for ...
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