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What's the meaning of “Additional compensation”?

幫考網(wǎng)校2020-05-15 16:21:16
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Additional compensation refers to any form of payment or benefit that is given to an employee in addition to their regular salary or wages. This can include bonuses, commissions, overtime pay, stock options, profit sharing, or any other form of monetary or non-monetary reward. The purpose of additional compensation is to incentivize employees to work harder, perform better, and achieve specific goals or objectives. It can also be used as a way to attract and retain talented employees.
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