Providing wage incentives
Description
Providing wage incentives involves offering additional financial rewards to employees based on performance, productivity, or achievement of specific targets. This strategy aims to motivate workers, increase efficiency, and improve overall organizational outcomes. By directly linking compensation to results, wage incentives address issues such as low morale, absenteeism, and underperformance, serving as a practical remedy to boost engagement, retain talent, and drive continuous improvement in the workplace.
Broader
Constrained by
Facilitated by
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Social activity » Employment conditions » Employment conditions
Content quality
Yet to rate
Language
English
1A4N
V4499
DOCID
13244990
D7NID
209595
Editing link
Official link
Last update
Dec 3, 2024