1. A compensation system where an employee's salary or wages are determined based on their performance, achievements, and individual contributions rather than seniority or fixed scales.
The company implemented merit-based pay to reward high-performing employees.
A empresa implementou remuneração por mérito para recompensar os funcionários de alto desempenho.
2. A pay structure that links financial compensation directly to measurable performance indicators and quality of work.
Merit-based pay encourages employees to improve their productivity and skills.
A remuneração por mérito incentiva os funcionários a melhorarem sua produtividade e competências.