wage incentive

wage incentive definition - business

wage incentive

The offer of additional compensation for better performance. For example, an employer offers employees a bonus if monthly output exceeds a specified level. Wage incentives might also be offered for improvements in quality or reductions in accidents.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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