Meritocracy

(redirected from meritocracies)
Also found in: Dictionary, Thesaurus, Encyclopedia.
Related to meritocracies: meritocratic

Meritocracy

A system in which the best qualified persons are rewarded for their achievements. That is, talent and hard work are rewarded in a meritocracy, rather than other factors like personal relationships or tenure. Meritocracy in a corporation may cause better results, but certain positions are still commonly kept within a family or friendship network.
Mentioned in ?
References in periodicals archive ?
In this paper, we discuss various theological problems in both meritocracies and amitacracies, and seek to deepen our understanding of the views of human and world in "the awakening of existence itself as absolute duality.
In the New Economy, companies need to be run as meritocracies that reward high performers.