collocation · academic
performance-based pay
UK/pəˈfɔːməns beɪst peɪ/US/pərˈfɔːrməns beɪst peɪ/per·FOR·mance-BASED PAY
A pay system where employees' salaries or bonuses depend on their performance.
Examples
“Sales teams are often rewarded with performance-based pay to encourage higher sales.”
“Performance-based pay can motivate staff but may increase competition between colleagues.”
“Some firms combine a base salary with performance-based pay as a bonus.”
Band 8 sentence
“While performance-based pay can drive productivity, firms must ensure fair metrics to avoid demotivating staff.”
Collocations
- introduce performance-based pay
- link bonuses to performance-based pay
Word family
Common mistakes
performance based pay→performance-based pay
payment by performance→performance-based pay
Say it for a higher band
5bonus→6merit pay→7+performance-based pay
Synonyms
merit pay
Easily confused
merit pay
“The company introduced merit pay to reward top performers.”
bonus system
“A transparent bonus system can increase motivation.”
Related words
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In Work & Career
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