- payment by results
- HRa system of pay that directly links an employee’s compensation to their work output. The system is based on the view put forward by Frederick Winslow Taylor that payment by results will
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payment by results
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payment-by-results — ˌpayment by reˈsults noun [uncountable] HUMAN RESOURCES abbreviation PBR a system of paying people according to how much they produce or sell: • Wages in the clothing industry are based on a payment by results system … Financial and business terms
payment by results — (ABBREVIATION PBR) ► HR, WORKPLACE a system of paying employees in which the amount paid varies according to the amount of work they do or the profit that is made Main Entry: ↑payment … Financial and business terms
payment by results — UK US noun [uncountable] business british a system of payment in which employees’ salaries depend on how well they do their jobs Thesaurus: wages and salariessynonym extra payments and benefits in addition to wageshyponym … Useful english dictionary
payment by results — A system of payment in which an employee s pay is directly linked to his performance. The majority are premium bonus schemes. See also piece rate; lump sum … Big dictionary of business and management
payment by results — UK / US noun [uncountable] business British a system of payment in which employees salaries depend on how well they do their jobs … English dictionary
results — re‧sults [rɪˈzʌlts] noun [plural] 1. FINANCE the profit or loss made by a company in a particular period of time, or a report it gives about this: • The company s first full year results showed sales of $2.46 billion. • Two British banks… … Financial and business terms
payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it … Financial and business terms
payment — / peɪmənt/ noun 1. the money exchanged for goods or a service ● We always ask for payment in cash or cash payment and not payment by cheque. ● The payment of interest or the interest payment should be made on the 22nd of each month. ♦ payment… … Marketing dictionary in english
payment — / peɪmənt/ noun 1. the act of giving money in exchange for goods or a service ● We always ask for payment in cash or cash payment and not payment by cheque. ● The payment of interest or the interest payment should be made on the 22nd of each… … Dictionary of banking and finance
results-based — UK US (also result based) adjective HR, WORKPLACE ► used to describe payment that is related to the number of things you do, produce, sell, etc.: »The use of results based incentives is appropriate if there is a clear link between outcome and… … Financial and business terms
Payment — An ISO term. ISO Funds Transfer Messages term. A transfer of funds in any form between two parties. ISO proposed IC Card term. A card transaction that results in the transfer of funds in exchange for the provision of goods or services … International financial encyclopaedia
