{"id":5156,"date":"2022-01-07T13:30:29","date_gmt":"2022-01-07T13:30:29","guid":{"rendered":"http:\/\/43.204.200.242\/hr-glossary\/performance-related-pay\/"},"modified":"2022-04-24T16:43:55","modified_gmt":"2022-04-24T11:13:55","slug":"performance-related-pay","status":"publish","type":"hr-glossary","link":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/performance-related-pay","title":{"rendered":"Performance-related Pay"},"content":{"rendered":"

Performance-related pay (or pay for performance) pays employees or independent contractors according to their productivity or performance. This method of paying employees can include typical wages or salaries and bonus fees if the worker meets or exceeds production quotas. Performance-based bonuses can be applied to executives and employees, although bonus salaries are mostly reserved for top executives.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-5156","hr-glossary","type-hr-glossary","status-publish","hentry"],"acf":[],"yoast_head":"\nPerformance Related Pay | Meaning & Definition | Akrivia HCM<\/title>\n<meta name=\"description\" content=\"Performance Related Pay refers to remuneration that rewards workers through increases in basic pay or cash bonuses based on their performance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/akriviahcm.com\/resources\/hr-glossary\/performance-related-pay\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Performance-related Pay\" \/>\n<meta property=\"og:description\" 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