Phrases with «compensation plan»

A compensation plan refers to a system or arrangement put in place by a company to determine how employees are paid and rewarded for their work. It outlines the structure and details of salary, wages, bonuses, benefits, and other incentives provided to employees based on their performance, sales, or other predetermined factors. Full definition

Related phrases

Sentences with «compensation plan»

  • The compensation committee of a credit union asked me to review a proposal to use indexed universal life insurance to fund a deferred compensation plan for their new CEO. (glenndaily.com)
  • Detailed execution of retail compensation plan for base and commissioned components. (resumemycareer.com)
  • Q: Are there any plan features or company practices that will result in an automatic recommendation against an equity compensation plan proposal? (glasslewis.com)
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