Question: What is one major difference between merit pay and incentive pay? Merit pay must be re - earned every year, incentive pay does not Merit

What is one major difference between merit pay and
incentive pay?
Merit pay must be re-earned every year, incentive pay
does not
Merit pay is dependent on longevity, incentive pay is
based on performance
Merit pay becomes a permanent part of base pay,
incentive pay does not
No major differences exist between merit pay and
incentive pay
What is one major difference between merit pay and incentive pay?

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