Fixed and variable are the two main components of cash compensation and are adjusted for special skills, work situations and performance

Compensation is pay for performance and outcomes. Sales teams are employed to win new business. They can be compensated when a sale is...

In many roles, a variable component of compensation is added to the pay plan. This could be in the form of an incentive, a bonus or a...

Compensation is pay for performance. It is in proportion to the performance or output delivered & paid when it is delivered. In most...