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WebEmployee incentives are monetary and non-monetary rewards you can give your employees for achieving certain objectives. They’re also great for engaging and retaining your staff which is vital for any business’s success. Sourcing, interviewing, hiring and training replacements can be a drain on your time, not to mention the company’s money. WebIncentive pay is performance-based compensation that rewards an employee for meeting set goals or objectives. This compensation can come in the form of money, stocks, … Web27 Apr 2024 · Depending on how long the performance is measured, they may be considered short-term incentives or long-term incentives. These types of bonuses include: Example Let’s say an employee making $40,000 a year receives an incentive bonus of $1,000 in one out of four quarters for 2024. st marguerite bourgeoys tcdsb