Definition, Meaning & Synonyms
cash-incentive
noun
/kæʃ ɪnˈsɛntɪv/
Definition
A cash-incentive is a financial reward given to encourage specific behaviors or actions.
Examples
- The company offered a cash-incentive to employees who exceeded their sales targets.
- Many organizations use cash-incentives to enhance productivity and employee morale.
- The cash-incentive program was designed to boost participation in health initiatives.
Meaning
It refers to monetary compensation that motivates individuals or groups to achieve particular goals or meet performance criteria.
Synonyms
- monetary reward
- financial incentive
- cash bonus
