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Hi Ramya,
Variable pay is the pay, which is given to the employee based on the organizations performance monthly or yearly.
For instance. In s/w industry one employee gross salary per year is 100000, in this variable pay is 100000. That means that employee gets only 900000 towards his salary. Remaining depends on performance of the organization.
Variable pay is the pay, which is given to the employee based on the organizations performance monthly or yearly.
For instance. In s/w industry one employee gross salary per year is 100000, in this variable pay is 100000. That means that employee gets only 900000 towards his salary. Remaining depends on performance of the organization.
Harish Pendela
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06-04-2023
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