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  • Incentive

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    Aruna
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    Incentives are factors that motivate a particular course of action or choice. They can be financial, like bonuses or commissions, or non-financial, like recognition. A common incentive used by employers is monetary rewards based on employee performance to encourage continued good results.

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    Incentives are factors that motivate a particular course of action or choice. They can be financial, like bonuses or commissions, or non-financial, like recognition. A common incentive used by employers is monetary rewards based on employee performance to encourage continued good results.

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    5 views1 page

    Incentive

    Uploaded by

    Aruna
    Incentives are factors that motivate a particular course of action or choice. They can be financial, like bonuses or commissions, or non-financial, like recognition. A common incentive used by employers is monetary rewards based on employee performance to encourage continued good results.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    in economics, an incentive is any factor (financial or non-financial) that provides a

    motive for a particular course of action, or counts as a reason for preferring one
    choice to the alternatives.

    A dictionary definition of an incentive is something that motivates you to do


    something.

    A monetary gift provided to an employee based on performance, which is thought of as one way
    to entice the employee to continue delivering positive results. Incentive pay may come in the
    form of a bonus, profit-sharing, or commission.

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