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Which of the following is an increment to base pay in recognition of past work behaviou Multiple Choice wage differential relational returns cost-of-living adjustments merit Increase

Question

Which of the following is an increment to base pay in recognition of past work behaviou Multiple Choice wage differential relational returns cost-of-living adjustments merit Increase

Which of the following is an increment to base pay in recognition of past work behaviou
Multiple Choice
wage differential
relational returns
cost-of-living adjustments
merit Increase

Solution

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FelixProfessional · Tutor for 6 years

Answer

###D. Merit Increase

Explain

##Step 1: Defining Merit Increase<br />###A merit increase is a raise in pay based on an employee's performance. It recognizes and rewards past contributions and achievements.<br /><br />##Step 2: Analyzing Other Options<br />###Wage differential: Relates to differences in pay due to factors like job location, working conditions, or skill level, not past performance.<br />###Relational returns: Refer to non-monetary benefits derived from the work environment, such as positive relationships or a sense of belonging.<br />###Cost-of-living adjustments (COLA): Adjustments to pay designed to offset the impact of inflation and maintain purchasing power, not related to individual performance.<br /><br />#
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