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  2. Incentive program - Wikipedia

    en.wikipedia.org/wiki/Incentive_program

    Sales incentive programs have the most direct relationship to outcomes. [8] A sales incentive plan (SIP) is a business tool used to motivate and compensate a sales professional or sales agent to meet goals or metrics over a specific period of time, usually broken into a plan for a fiscal quarter or fiscal year. [9]

  3. Commission (remuneration) - Wikipedia

    en.wikipedia.org/wiki/Commission_(remuneration)

    For example, commissions may be reduced when granting large discounts. Or commissions may be increased when selling certain products the organization wants to promote. Commissions are usually implemented within the framework on a sales incentive program, which can include one or multiple commission plans (each typically based on a combination ...

  4. Incentive-centered design - Wikipedia

    en.wikipedia.org/wiki/Incentive-centered_design

    Incentive-centered design (ICD) is the science of designing a system or institution according to the alignment of individual and user incentives with the goals of the system. Using incentive-centered design, system designers can observe systematic and predictable tendencies in users in response to motivators to provide or manage incentives to ...

  5. Incentive compatibility - Wikipedia

    en.wikipedia.org/wiki/Incentive_compatibility

    In game theory and economics, a mechanism is called incentive-compatible (IC) [1]: 415 if every participant can achieve their own best outcome by reporting their true preferences. [ 1 ] : 225 [ 2 ] For example, there is incentive compatibility if high-risk clients are better off in identifying themselves as high-risk to insurance firms , who ...

  6. 29 House Republicans want Trump to scrap the IRS's free ... - AOL

    www.aol.com/news/29-house-republicans-want-trump...

    The duo wrote that the agency "has little incentive to ensure hardworking Americans do not pay more than they owe in taxes." They also cast the free direct-file program as an example of the ...

  7. Conditional rebate - Wikipedia

    en.wikipedia.org/wiki/Conditional_Rebate

    Insurance companies rate conditional rebates based upon a variety of factors. If the conditional rebate is weather-themed it will be based on the location of the event (city/state) and history of the weather condition that is being underwritten (temperature, rain, snow, etc.) as well as the limit of the policy that is being insured.

  8. Scanlon plan - Wikipedia

    en.wikipedia.org/wiki/Scanlon_plan

    The Scanlon plan is a gainsharing program which combines leadership, total workforce education, and widespread employee participation with a reward system linked to organization performance. It has been used by a variety of public and private companies with varying amounts of success.

  9. Continuity sales model - Wikipedia

    en.wikipedia.org/wiki/Continuity_sales_model

    Continuity plans may offer an introductory “free trial period” to let potential consumers check out the merchandise or service and decide whether to join the plan. If a consumer decides to keep the merchandise beyond the free trial period or fail to cancel the service within the free trial period, not only they must pay, but they ...