term1 Definition1term2 Definition2term3 Definition3
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Gainsharing plan
An incentive plan that engages employ in a common effort to achieve productivity objectives and share the gains
Earnings at risk pay plan
Plans that puts some portion of employees normal pay at risk if they don't meet their goals, in return for possibly obtaining a much larger bonus if they exceed their goals
ESOP
Corporation contributes shares of its own stock to a trust in which additional contributions are made annually. The trust distributes the stock to employees on retirement of separation from service
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