performance-related pay vs performance-related payment

Both 'performance-related pay' and 'performance-related payment' are correct phrases, but 'performance-related pay' is more commonly used in English. They both refer to a compensation system where an employee's pay is linked to their performance.

Last updated: March 28, 2024 • 824 views

performance-related pay

This phrase is correct and commonly used in English.

This phrase refers to a compensation system where an employee's pay is directly linked to their performance. It is a common term used in HR and business contexts.

Examples:

The company introduced a performance-related pay scheme to motivate employees.
Performance-related pay can be an effective way to incentivize high performance.

Alternatives:

performance-based pay
merit-based pay
incentive-based pay
pay-for-performance
variable pay

performance-related payment

This phrase is correct but less commonly used in English.

This phrase also refers to a compensation system where an employee's payment is tied to their performance. While correct, it is not as commonly used as 'performance-related pay'.

Examples:

The company implemented a performance-related payment structure to reward top performers.

Alternatives:

performance-based payment
merit-based payment
incentive-based payment
payment-for-performance
variable payment

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performance-related pay vs performance-related payment