Vocab Bloom Hub

merit pay

/ˈmerɪt peɪ/

1 entry

phrase

/ˈmerɪt peɪ/C1formalbusiness
  • ruСистема оплаты труда, при которой сотрудники получают повышение зарплаты или премии на основе их индивидуальной производительности, продуктивности или достижений, а не за выслугу лет или всеобщее повышение.

A compensation system where employees receive salary increases or bonuses based on their individual performance, productivity, or achievements rather than seniority or across-the-board raises.

  1. Performance-based compensationB2formal

    A system of compensation where an employee's salary increase or bonus is based on their individual performance or achievements.

    ruОплата по результатам

    • The company introduced merit pay to reward top-performing employees.
    • Her salary increase was based on the merit pay system.
    • Merit pay can motivate employees to work harder and achieve better results.