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performance-basis

 

Definitions from the Web

Performance-Basis

Description:

Performance-Basis refers to an arrangement or agreement where compensation is determined based on the achievement of specific performance objectives or outcomes.

Sample Sentences:

  • The company implemented a performance-basis pay structure to motivate employees to reach their targets.
  • As part of the performance-basis contract, the artist will receive a percentage of the ticket sales.
  • Investors are more inclined to support startups that operate on a performance-basis model.

Related Products:

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