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incentive pay

American

noun

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

Etymology

Origin of incentive pay

First recorded in 1955–60

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

But, he said, tax abatements and incentives typically aid a company toward the end of their ten- or twenty-year agreement with states, and Tesla wanted Nevada to offer what he called “up-front assistance.”

From Washington Post

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023