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Incentive Pay is a type of compensation offered to employees in the Personnel and Human Resources market. It is a form of reward for performance, usually based on predetermined goals or objectives. Incentive Pay is designed to motivate employees to achieve higher levels of performance, and can be used to reward individual or team performance. It can be offered in the form of cash, stock options, or other benefits.
Incentive Pay is often used to attract and retain top talent, and to reward employees for their hard work and dedication. It can also be used to encourage employees to take on additional responsibilities or to increase their productivity. Companies may also use Incentive Pay to reward employees for their loyalty and commitment to the organization.
Some companies in the Incentive Pay market include Microsoft, Oracle, IBM, Apple, and Google. Show Less Read more
