Incentives
What is
Incentives
Incentive is something that the company uses to motivate and reward the employee for his work and the work effort. Incentives include financial compensation (base salary, wage and bonus), share of the company, recognition, rewards a appreciation, gifts and other formal or informal benefits.
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Related terms and methods:
- Employee Benefits
- Employee Motivation & Reward System
- Motivation, Motivating & Motivation theories
- Profit sharing
- Salary
- Variable salary or wage
- Wage
- Work ethic
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Last update: 23.08.2016
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