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INVITATION TO BID AND TERM OF REFERENCE (TOR) Time Charter Vessel Procurement 1 (one) Set Sagas TO Layman 17 18 December 2020 No. 489/SHP62100/2020S7 Date: 23 November 2020LEMBAR PENGESAHAN Manager
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Medium range MR CPP stands for Medium Range Contingent Profit Plan. It is a type of compensation plan commonly used in businesses to provide incentives for employees based on certain performance criteria.
Employers who have implemented a Medium Range Contingent Profit Plan for their employees are required to file MR CPP.
To fill out a Medium Range Contingent Profit Plan, employers need to gather information on employee performance, set clear criteria for incentives, and document the details of the plan.
The purpose of Medium Range Contingent Profit Plan is to motivate and reward employees for achieving specific goals or targets set by the employer.
Information such as employee performance metrics, incentive criteria, payout structure, and expected outcomes must be reported on a Medium Range Contingent Profit Plan.
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