Definition of Incentive pay:
Employees were given cash awards based on their performance. This is seen as a way to motivate employees to continue to achieve positive results. Concessional payments can be in the form of bonuses, dividends or commissions.
How to use Incentive pay in a sentence?
- Small concessions are not a bad idea, especially during the holidays. If an employee goes beyond that, he deserves something special.
- He was so excited about the privileged bonus and I could see in his face that he was so grateful.
- If you think this should offer incentive pay to your employees, it will work hard for you.
Meaning of Incentive pay & Incentive pay Definition