Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is incentive performance - definition
SOMETHING THAT MOTIVATES AN INDIVIDUAL TO PERFORM AN ACTION
Performance Incentives; Performance incentive; Incentives; Reward anticipation; Weak incentive; Strong incentive; Economic incentive; Incentivize; Positive incentive; Incentivized; Incentivising
.jpg?width=200)
Performance-linked incentives
Performance linked incentive; Performance Linked Incentives
A performance-linked incentive (PLI) is a form of incentive from one entity to another, such as from the government to industries or from an employer to an employee, which is directly related to the performance or output of the recipient and which may be specified in a government scheme or a contract. PLI may either be open-ended which does not have a fixed ceiling for the quantum of incentive granted or close-ended which has an upper ceiling as stipulated in the scheme or the contract.
incentivize
To give a reward, to motivate.
I want to incentivize you.
I want to incentivize you.
incentive
n.
1) to offer an incentive
2) a powerful, strong incentive
3) an incentive to (an incentive to investment)
4) an incentive to + inf. (they have no incentive to work harder)
Wikipedia
Incentive
.jpg?width=120)
In general, incentives are anything that persuade a person to alter their behaviour in the desired manner. It is emphasised that incentives matter by the basic law of economists and the laws of behaviour, which state that higher incentives amount to greater levels of effort and therefore higher levels of performance.
Examples of use of incentive performance
1. "By early next year, we will modify, drastically change, or possibly put in place a new system of incentive performance," Julian Lob–Levyt, the executive director, said yesterday from London after a two–day meeting with GAVI‘s partners to discuss the findings.