PRP
8.9
A system where a worker's pay depends on how well they do their job
- noun
- UK
Synonyms
Extra money given to a worker for good job performance
links overall salary system to individual job performance rather than single bonuses
Antonyms
How Motivating
Surface Forms
Morphology
PRP = P + R + P
PRP is an initialism; the letters do not transparently indicate the meaning 'performance-related pay' to learners.
Etymology
PRP stands for performance-related pay, which means pay that is linked to how well someone works. So PRP is a system that gives extra money to people who meet or beat targets to reward and motivate them.