incentive pay

  

Definition

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.

Use incentive pay in a sentence

  • You should offer some incentive pay to your workers if you think it will make them work harder for you.

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  • He was so glad that he received the incentive pay and I could see it written across his face that he was extremely grateful.

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  • Its never a bad idea to offer a little incentive pay, especially during the holidays. If an employee is going above and beyond the call of duty he deserves a little something extra.

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