Definition, Meaning & Synonyms
incentivization
Noun
/ɪnˌsɛntɪvaɪˈzeɪʃən/
Definition
The process of providing incentives to motivate individuals or groups to perform certain actions or behaviors.
Examples
- Many companies use incentivization to boost employee productivity.
- The government introduced a new incentivization program to encourage renewable energy use.
- Incentivization can lead to better performance in students by rewarding their academic achievements.
Meaning
Incentivization refers to the practice of offering rewards or benefits to encourage specific actions or behaviors in people.
Synonyms
- Motivation
- Encouragement
- Stimulation
- Enticement
