Variable Pay is the payment made by the employer to the employee in exchange for his/her additional contribution to the company above and beyond their normal job’s KRA (Key Responsibility Areas). It is also known as performance-linked pay and is mostly paid in the form of an incentive, bonus, or commission.
Variable Pay is mostly determined on the basis of two factors – employee performance and the company’s overall performance. Usually, companies use a goal setting method based on which variable payment is calculated.
Also, See: Incentive Pay | Severance Pay
Solving Real Business Challenges with a Robust & Impeccable System
Easy to access
No credit card
200+ Companies Onboard with us
We are here to help you find a solution that suits your business need.
Get a visual representation of how we work!
Schedule Demo
Our sales expert is just one call away to meet your needs.
Get In Touch
Have a question?
Chat with Us
Copyright © 2022 UBS Company. All rights reserved.
