incentive scheme
1
3.7
- noun
- /ɪnˈsɛntɪv skim/
- UK
:
plan de incentivos
- But even on top of that, I think you want to design incentive schemes that are relatively simple.
- a new incentive scheme
Examples
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Our company implemented an incentive scheme to encourage employees to increase their sales performance.
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Many organizations adopt an incentive scheme to motivate staff and improve overall productivity.
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Consider an incentive scheme that the United Nations came up with a few years ago to cut down on greenhouse gases.
Blog text (19) -
There is also evidence to suggest that some manufacturers have been abusing the incentive schemes.
Academic text (1990) -
Several insurance companies supply incentive schemes whereby you get money back or your premium is decreased if you have not claimed for a number of consecutive years.
Blog text (25) -
Three-quarters of South American plantations were planted after countries adopted incentive schemes, usually subsidies.
Academic text (2000) -
Additionally, performance-based incentive schemes in the workplace may partially mitigate observed behavioral differences between voting majority and minority subgroups.
Academic text (1999) -
And that’s why all of us—individuals, families, firms, governments—when we have a problem we want to solve, we come up with some kind of incentive scheme.
Blog text (19) -
To determine the nature and amount of remuneration of company executives, compensation committees may limit agency problems by introducing incentive schemes designed to align the objectives of senior management with those of shareholders (Uzun et al., 2004).
Academic text (2016) -
The new incentive scheme rewards workers with bonuses for meeting project deadlines.
Synonyms
5
3.5
A program that gives rewards to encourage people, especially employees, to reach goals
Antonyms
How Motivating
- Specialized
5
3.0
- UK
1
3.7
310
2.2
141
3.4
759
1.4
Surface Forms
Morphology
The meaning is directly and transparently derived from combining 'incentive' (a reward that motivates) with 'scheme' (an organized plan), yielding a plan of rewards to motivate behavior. This straightforward noun–noun composition is cross-linguistically common (e.g., Spanish 'esquema de incentivos'), so a B1 learner who knows both words should readily infer the MWE's meaning.
Etymology
The noun incentive scheme comes from a simple image: an incentive is like a prize shown to make someone move, and a scheme is a plan. One common picture is holding a carrot in front of a mule to make it go, so an incentive scheme is a plan that offers rewards to 'motivate' people.