Menu
Home
People
Places
Arts
History
Plants & Animals
Science
Life & Culture
Technology
Reference.org
Incentive program
open-in-new
<p>An incentive program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive programs are particularly used in <a href="/facts/Business_management/Sj3A56z1">business management</a> to motivate employees and in sales to attract and <a href="/facts/Customer_retention/49IDI8vM">retain customers</a>. Scientific literature also refers to this concept as <a href="/facts/Performance-related_pay/Xgn2Y2kM">pay for performance</a>. </p>