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  2. Incentivisation - Wikipedia

    en.wikipedia.org/wiki/Incentivisation

    Incentivisation or incentivization is the practice of building incentives into an arrangement or system in order to motivate the actors within it. It is based on the idea that individuals within such systems can perform better not only when they are coerced but also when they are given rewards.

  3. Incentive program - Wikipedia

    en.wikipedia.org/wiki/Incentive_program

    An incentive program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive programs are particularly used in business management to motivate employees and in sales to attract and retain customers.

  4. Incentive - Wikipedia

    en.wikipedia.org/wiki/Incentive

    For example, a manager may want a certain level of output from an employee but does not know the capabilities of the employee in the presence of imperfect monitoring, and to achieve the best outcome, an optimal incentive scheme must be designed to motivate the worker to increase their productivity. [31]

  5. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Bonuses can be monetary or non-monetary and are often used to incentivize employees to meet or exceed their performance targets. [12] - Commission Schemes: Commissions are a type of incentive that can typically expressed as a percentage of sales revenue, gross profit, or a fixed amount per unit sold. In a full commission or straight commission ...

  6. This Is What the Best Companies Do to Keep Their Employees Happy

    www.aol.com/finance/2015-03-26-best-companies...

    Most people's definition of "a cushy job" involves a high salary, but ultimately other forms of compensation -- such as a flexible schedule, comprehensive health coverage and solid retirement ...

  7. Merit pay - Wikipedia

    en.wikipedia.org/wiki/Merit_pay

    Despite an official pay freeze, federal employee compensation continued to rise—owing in part to the merit pay ("pay-for-performance" or "employee bonus") system, but also due to promotions and to automatic scheduled increases in "completing waiting periods used in grade- and step-type pay systems."

  8. How Can Companies Encourage Financial Wellness to Employees ...

    www.aol.com/finance/companies-encourage...

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  9. Pay-for-Performance (Federal Government) - Wikipedia

    en.wikipedia.org/wiki/Pay-for-Performance...

    Pay-for-Performance is a method of employee motivation meant to improve performance in the United States federal government by offering incentives such as salary increases, bonuses, and benefits. It is a similar concept to Merit Pay for public teachers and it follows basic models from Performance-related Pay in the private sector.

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