1	Mentoring		_____	Occurs when there is only a small difference in pay between employees regardless of their experience, skills, level, or seniority; also known as salary compression.
2	Merit Pay		_____	Compensation provided on an individual basis in the form of goods or services.
3	Mission Statement		_____	Used to group jobs that have approximately the same relative internal or external worth and are paid at the same rate or within the same pay range.
4	Onboarding		_____	Process by which new employees become familiar with the organization and with their specific department, coworkers and job.
5	On-The-Job Training (OJT)		_____	Situation where an individual’s performance on the job is the basis for the amount and timing of pay increases; also called merit pay or pay for performance.
6	Organizational Learning		_____	Tools, activities, and processes that an organization uses to manage, maintain, and/or improve the job performance of employees.
7	Organizational Values		_____	Set the upper and lower bounds of possible compensation for individuals whose jobs fall within a pay grade.
8	Orientation		_____	Pay systems in which employee characteristics, rather than the job, determine pay.
9	Paired-Comparison Method		_____	Beliefs and principles defined by an organization to direct and govern its employees’ behavior.
10	Pay Compensation		_____	Acquisition and/or transfer of knowledge within an organization through activities or processes that may occur at several organizational levels. Ability of an organization to learn from its mistakes and adjust its strategy accordingly.
11	Pay For Performance (P4P, PfP)		_____	Situation where an individual’s performance on the job is the basis for the amount and timing of pay increases; also called merit pay or performance-based pay.
12	Pay Grades		_____	Process of measuring and evaluating an employee’s adherence to performance standards and providing feedback to the employee.
13	Pay Ranges		_____	Training provided to employees at the work site utilizing demonstration and performance of job tasks.
14	Performance Appraisal		_____	Relationship in which one person helps guide another's development.
15	Performance Bonus		_____	Situation where an individual’s performance on the job is the basis for the amount and timing of pay increases; also called performance-based pay or pay for performance.
16	Performance Management		_____	Job evaluation method in which each job is compared with every other job being evaluated; the job with the largest number of “greater than” rankings is the highest-ranked job, etc.
17	Performance Standards		_____	Process of assimilating new employees into an organization, through orientation programs to help them, as well as their experiences in their first months of employment.
18	Performance-Based Pay		_____	One-time payment made to an employee; also called a lump-sum increase (LSI).
19	Perquisites		_____	Concise outline of an organization’s strategy, specifying the activities it intends to pursue and the course its management has charted for the future.
20	Person-Based Pay		_____	Behaviors and results as defined by an organization to communicate the expectations of management.