Definitions for "Incentive Pay"
In some jobs, employees receive extra money or other compensation for reaching or exceeding certain levels of performance, such as meeting established sales quotas in a given month or year.
encouragement plan to get employees to do more and better work
links compensation and performance by paying employees for actual results, not for seniority or hours worked.
the allocation of special payments or salary increments to a teacher who does different types of work or assumes additional responsibilities (e.g., coaching an athletic team, being a mentor teacher, teaching a particularly challenging group of students or a difficult course). See Bonus Pay, Longevity Pay, Merit Pay.
Payment to offenders in Class II or IV industries, based on productivity criteria and paid separately from the hourly wage/gratuity rate.