Definition of pay-for-performance adjective from the Oxford Advanced American Dictionary

 

pay-for-performance

 adjective
adjective
 
[only before noun]
 
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paying more or less money depending on how well a person does their job There has been an increase in pay-for-performance plans all over the U.S. the controversy surrounding traditional pay versus pay-for-performance systems compare performance, performance-related
See the Oxford Advanced Learner's Dictionary entry: pay-for-performance