Definition

Financial Incentives

 Financial incentives—financial rewards paid to workers whose production exceeds some predetermined standard.

Share it:  Cite

More from this Section

  • Bell-shaped curve
    Bell-shaped curve is the curve representing the normal distribution of a rating or test ...
  • Nominal Group Technique (NGT)
    Nominal group technique (NGT) is a long-run, qualitative demand forecasting method utilizing ...
  • Executive
    Executive is a term used to define the highest-ranking individual or group of individuals ...
  • Affirmative action (AA)
    Affirmative action (AA) is any program, policy or procedure that an employer implements ...
  • Consolidation
    A consolidation occurs when two or more companies join together and form an entirely new ...