Within the model of value-based compensation, you are rewarded strictly for results. The amount of hours spent or the degree of effort is irrelevant; you are paid only for tangible, measurable value produced, regardless of the duration or difficulty of the work.
For those used to a predictable hourly wage, value-based compensation may sound risky. Work impediments like sudden sickness or family emergencies can show up later as missing money on your paycheck. Most feel that the employer should handle the ups and downs of the business and provide workers with a steadier form of payment. Click Here to Read Article …Popular search terms for this article: