incentive pay

American  

noun

1. additional pay, a higher wage, or a bonus paid to promote the productivity of an employee.

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Etymology

Origin of incentive pay

First recorded in 1955–60

Example Sentences

These are lucrative skills at the electricity-gobbling sites, and Benner makes $225,000 a year, boosted in part by $100 in daily incentive pay for all workers on site.

From The Wall Street Journal

Year-end bonuses for 2025 are projected to be robust, with some businesses seeing double-digit increases in incentive pay.

From Barron's

Year-end bonuses are projected to be robust for the second-straight year, with double-digit increases in incentive pay in some businesses, according to financial services compensation consultancy Johnson Associates.

From Barron's

Wages and salaries for private sector workers, excluding those who receive bonuses and other incentive pay, rose 0.9% in the third quarter, down from 1.1% in the previous period.

From Seattle Times

It also includes $4.4 million in incentive pay, the filing showed.

From Reuters