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merit pay plan |
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merit pay plan [′mer·ət ¦pā ‚plan] (industrial engineering) Work performed for a set hourly wage that varies from one pay period to another as a function of the worker's productivity, but never declines below a guaranteed minimum wage. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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