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Dear students, Welcome to my class on Commerce... LEARNING OUTCOMES 1. The learner shall be able to identify the meaning of incentives 2. The learner shall be able to explain the types of incentives NOTES INCENTIVES Incentive in simple terms is something that encourages a person or organization to do or achieve something. Incentives can be said as a strategy of the company to encourage the employees to work better. With the attraction of the incentives, the employees achieve the organizational goal in the process. An employee incentive is any program or reward introduced in the workplace to encourage employee performance and stimulate productivity. It can be financial incentives and Non financial incentives. 1.Financial Incentives Companies provide Financial Incentives or monetary benefits to the...
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