WebIncentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or … WebJun 22, 2024 · 1. A reward and recognition programme. Introducing a reward and recognition scheme is a highly effective incentive that increases both employee motivation and engagement. According to Harvard Business Review, acknowledgement from peers or senior management is especially important for socially-driven employees.
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