Definition | The proportion of the salary of operational workers and office staff that is based on their performance |
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Calculation | Divide the total amount of performance-related pay by the total salary of operational workers and office staff, and multiply by 100 |
Unit of Measurement | Percent |
Function | Reward and retain employees – HR |
Method of Estimation | Obtain data from payroll records or HR databases |
Timeframe | Usually calculated on an annual basis |
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