incentive
/in'sentiv/
Definition
- Noun:
- Something that encourages or motivates action: An "incentive" is a thing that persuades or influences someone to do something or to work harder, often by offering a reward or benefit.
- A financial or other stimulus: Specifically, it can be an additional payment or benefit offered to employees to increase productivity or output.
Examples of Usage
- Noun:
- The company offered a cash incentive for employees who met their sales targets.
- The hope of a promotion is a powerful incentive for many workers.
- Tax breaks serve as a major incentive for businesses to invest in renewable energy.
Advanced Usage
- "Act as an incentive": To function as a motivating factor.
- The chance to travel can act as a strong incentive to learn a new language.
- "Provide/give an incentive": To supply a reason or reward to encourage an action.
- The new policy provides a clear incentive for energy conservation.
Variants and Related Words
- Incentivize (verb): To provide someone with an incentive; to motivate.
- The program aims to incentivize recycling by offering discounts.
- Disincentive (noun): Something that discourages or deters action; the opposite of an incentive.
- High taxes can be a disincentive to investment.
Synonyms
- Motivation: The reason or reasons one has for acting or behaving in a particular way.
- Stimulus: Something that encourages activity or growth.
- Inducement: A thing that persuades or influences someone to do something.
Related Phrases
- Financial incentive: A monetary reward used to encourage a particular behavior.
- The government offered financial incentives to first-time home buyers.
- Performance incentive: A reward tied directly to achieving specific goals or standards.
- Her bonus is a performance incentive based on project completion.
Related Idioms
- "The carrot and the stick": This idiom refers to a policy of offering a combination of rewards ("the carrot," which functions as an incentive) and punishments ("the stick," a disincentive) to induce behavior.
- Management used a carrot and stick approach, with bonuses as the incentive and warnings as the threat.
Noun
-
an additional payment (or other remuneration) to employees as a means of increasing output
-
a positive motivational influence
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