incentive scheme

Definition 1

HR: Employee motivational program designed to encourage commitment to increasing productivity or in achieving some worthwhile objective such as reducing the number of manhours lost due to accidents.

Definition 2

Marketing: Customer motivational program designed to encourage them to buy more of the firm's products. Also called bonus scheme or incentive program.


incentive scheme is...

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z