Rights & Remedies

Fair and Merit-Based Remuneration

Compensation based on objective criteria like skills, experience, and performance, free from discrimination.

Definition

Fair and Merit-Based Remuneration is a compensation system where pay decisions are primarily based on objective criteria such as an employee's skills, qualifications, experience, performance, responsibilities, and contributions to the organization. It explicitly excludes considerations based on protected characteristics like age, race, gender, religion, marital status, family responsibilities, or disability, ensuring that pay differences are justifiable by legitimate business-related factors.

Fair and Merit-Based Remuneration - AI Regulation Glossary | RewardsET