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Recognition award
A one-time award that can be paid out immediately in recognition of special effort, usually in the form of cash, stock, or a gift certificate. Recognition award plans usually involve a nomination and approval process and reward an accomplishment that represents a behaviour or value promoted by the company.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Computer
- Category: Components; Software development
- Company: Microsoft
- Product:
- Acronym-Abbreviation:
Other Languages:
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