Incentives are rewards or benefits offered to employees to motivate performance, such as bonuses, commissions, or recognition programs, enhancing productivity and engagement.
- What are incentives?
Answer: They are rewards like bonuses to motivate employee performance. - What are examples of incentives?
Answer: Examples include cash bonuses, gift cards, and extra vacation days. - What are the benefits?
Answer: They boost motivation, retention, and productivity. - What are the challenges?
Answer: Challenges include cost and ensuring fairness. - How does HR manage them?
Answer: HR designs programs, sets criteria, and tracks results.
