What does incentive program mean?

Definitions for incentive program
in·cen·tive pro·gram

This dictionary definitions page includes all the possible meanings, example usage and translations of the word incentive program.

Princeton's WordNet

  1. incentive program, incentive schemenoun

    a formal scheme for inducing someone (as employees) to do something

ChatGPT

  1. incentive program

    An incentive program is a structured plan designed to motivate and encourage certain behaviors or actions from individuals or groups, such as employees, customers, or members, by offering rewards or recognition. These rewards could be monetary, such as bonuses or discounts, or non-monetary, like recognition or extra time-off, when specific performance targets or goals are achieved. Incentive programs are commonly used in business settings to boost sales, improve productivity, increase customer loyalty, encourage healthy work culture, or promote certain products or services.

Wikidata

  1. 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. Scientific literature also refers to this concept as pay for performance.

Matched Categories

How to pronounce incentive program?

How to say incentive program in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of incentive program in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of incentive program in Pythagorean Numerology is: 9

Examples of incentive program in a Sentence

  1. Gemma Hart:

    Our voluntary incentive program clearly does not prevent or inhibit other brands from getting to market.

Translation

Find a translation for the incentive program definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"incentive program." Definitions.net. STANDS4 LLC, 2024. Web. 31 Oct. 2024. <https://www.definitions.net/definition/incentive+program>.

Discuss these incentive program definitions with the community:

0 Comments

    Are we missing a good definition for incentive program? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    property that provides tax income for local governments
    A relocation
    B humility
    C deterioration
    D rateables

    Nearby & related entries:

    Alternative searches for incentive program: