an external stimulus that pulls an individual toward a goal. (378) incentive value: the perceived rewards that accompany success in a particular area. (399)
A contribution to motivation and motivating. [D02831] RMW
A time-sensitive promotion offered by the manufacturer to motivate a new car buyer to purchase.
Financial compensation, public recognition or other benefits used to reward higher levels of performance and/or new ideas or contributions.
Those informal and formal performance measures and rewards that enhance meeting of and congruence of, goals, and managerial effort.
a motivational offer intended to persuade a prospect to choose one location over another see taxes and incentives. Incentives are generally offered before deal-making begins with the assumption that a competitor has something better to offer. Fieldwork can bring incentive offers into play that may not otherwise be available. Site location consultants are specialists at finding and negotiating incentive deals as well as making comparative analyses of locations based on incentives. This makes them exceeding more valuable to use for many projects than, say, data brokers or free services from site selection magazines that provide information about advertisers. We believe the consultant Jack Brophy intended to make this point when we said, location, location, location is not as important these days with really big projects ... definition of incentive defined definition of incentive offer defined definition of tax incentive defined definition of tax incentives defined
Reward offered to stimulate greater effort.
Any source of positive or negative motivation that influences someone's behaviour. Economic incentives tend to be calculated in terms of prices or time; legal incentives are incorporated in rules that authorize, compel or prohibit certain kinds of behaviour.
Merchandise, travel, cash, services, or intangibles offered to a travel agent or customer as a reward for taking a specific action.
Stated rewards and/or consequences that may be employed to motivate a contractor to achieve higher levels of performance under a given contract; can be monetary or nonmonetary; can be based on schedule, management, or cost. An incentive may be positive or negative.
any of a wide variety of sales promotion tools designed to motivate the trade, dealers, or the sales force to an activity, cooperation, or other response desired by the advertiser; used to increase the likelihood of positive action. Can also refer to consumer sales promotion efforts. Also called an inducement.
Any reward or benefit, such as money or good feeling, that motivates choices and behaviors. View Capstone Lesson(s) that address this concept
a device that motivates people to take action, usually so as to increase economic efficiency.
A factor that encourages people to do something. Often a monetary reward or the prospect of obtaining one — as in Tax provisions in the new forest-management program give landowners an incentive to take good care of the trees on their property. View LEI Lesson(s) that address this term
a positive motivational influence
a contingency-based reward just the same as a sales commission is
a gift that employees work towards
a reward earned for completing specific tasks or meeting certain, pre-established objectives
a reward for cooperating, a "carrot
a way to pay back the effort to meet the goals you set
The gift or service that users of freebie sites aim to claim by filling in the offers and referring their friends to do so.
Merchandise, travel, cash or service offered to consumers, distributors, salespeople and other employees as a reward for purchase or performance.
This is a general term used to motivate a customer to buy the car. These are often times cash rebates or low interest financing.
Anything, such as the fear of punishment or a reward that motivates effort.
A tangible or intangible reward that is designed to motivate a person or group to behave in a certain way. For example, in an effort to reduce fertility, community health workers may be given a small amount of money for each woman they refer to the health clinic for family planning services.
In work situations, a pay plan whereby performance above the standard level for a job is financially rewarded up to some fixed level. An example of an individual incentive would be on some piecework tasks, where performance is measured by the number of good units produced per shift by an individual employee; group incentives are when the performance of a production team or a department is rewarded.
Pay plans designed to reward the accomplishment of specific results. Awards are usually tied to expected results identified at the beginning of the performance cycle. The plans can be individual, group, companywide, or a combination of any. Incentive plans are “forward” looking; bonus plans look “backward.
A monetary or nonmonetary gift or payment offered to sample members in an effort to gain their cooperation.
Reward for performance. Merchandise or travel offered to consumers, salespeople, dealers, or employees as a tangible reward for purchase or performance.
Reward for a purchase of performance; as it applies to promotional products, it could be, depending on the response required, an ad specialty, premium or prize.
A motivational force that stimulates people to greater activity or increased efficiency.
An incentive is something that influences people to act in certain ways. An incentive system is a collection of incentives and a set of procedures for using them. Organizations use incentive systems to motivate their employees. ( Kemmerer & Thiagarajan, 1992, p. 312)
This can be any type of reward, such as: cash, bonuses, gifts or trades.
A reward for improving forest management. Incentives include reimbursement of some expenses but can also take the form of an abatement of property or income tax.
A reward, typically non-cash that an affiliate receives for sending visitors to the program-provider merchant's site.
Objects or events that are valued, which incite to action or effort.
An external event or stimulus that is the target of a motivation, and that can serve as a reward. Incentive theories of motivation stress the role of external targets in eliciting and satisfying motivational states.
A reward, financial or otherwise, that compensates a worker for high or continued performance above standard. An incentive is also a motivating influence to induce effort above normal.
In economics, an incentive is any factor (financial or non-financial) that provides a motive for a particular course of action, or counts as a reason for preferring one choice to the alternatives. Since human beings are purposeful creatures, the study of incentive structures is central to the study of all economic activity (both in terms of individual decision-making and in terms of co-operation and competition within a larger institutional structure). Economic analysis, then, of the differences between societies (and between different organizations within a society) largely amounts to characterizing the differences in incentive structures faced by individuals involved in these collective efforts.