Variable Pay
/ˈvɛəriəbl peɪ/
Definitions
- (n.) Compensation that varies according to performance, results, or other criteria instead of fixed salary.
The employee’s variable pay depended on meeting specific sales targets.
Forms
- variable pay
Related terms
See also
Commentary
Variable pay structures should be clearly defined in employment contracts to avoid disputes over entitlements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.