English translation: premium bonus scheme or bonus scheme
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00:01 Jun 5, 2001
German to English translations [PRO] Bus/Financial
German term or phrase:Prämiumlohnsystem
"Im Zuge des Prämienlohnsystems haben Sie Anspruch bis auf 35% Ihres Jahrgehalts." It is based on performance, so obviously some kind of bonus scheme - does anyone know the exact translation?