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merit pay

   Also found in: Wikipedia 0.03 sec.
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Noun1.merit pay - extra pay awarded to an employee on the basis of merit (especially to school teachers)merit pay - extra pay awarded to an employee on the basis of merit (especially to school teachers)
pay, remuneration, salary, wage, earnings - something that remunerates; "wages were paid by check"; "he wasted his pay on drink"; "they saved a quarter of all their earnings"
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vegetarian activist Rip Esselstyn, interviewed by CBS News, April 26 "I will not even entertain merit pay because I believe that merit pay is an insult.
Quotes by Reason
But Obama also heartened business by backing merit pay for teachers who excel and by supporting the closure of failing schools.
EDUCATION: NO OPTION LEFT BEHIND by Steve LeVine / BusinessWeek
The company also plans to reduce executive pay by 30 to 50 percent, including merit pay and long-term incentives, as well as any performance payments.
Lenovo To Layoff Employees, Move Call Center To Morrisville by Staff and Press Release / MyNc.com/WNCN - Raliegh, NC
 
 
 
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