DavidJohnson
Thu Sep 12 2024
|
7 answers
1266
What is fixed pay?
Could you please clarify what is meant by 'fixed pay' in the context of employment and compensation? Is it referring to a salary that remains constant regardless of performance or changes in the market, as opposed to variable pay such as bonuses or commissions? How does fixed pay compare to other forms of remuneration, and what are its potential advantages and drawbacks for both employees and employers?
