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incentive scheme

 

Definitions from WordNet

Noun incentive scheme has 1 sense
  1. incentive program, incentive scheme - a formal scheme for inducing someone (as employees) to do something
    --1 is a kind of scheme, strategy
    --1 has parts: bonus, incentive

Definitions from the Web

Incentive Scheme

Part of speech: Noun

Sense: A program or plan that is designed to motivate or encourage individuals or groups to work towards achieving specific goals by offering rewards or incentives.

Usage:

  • The company introduced a new incentive scheme to boost employee productivity.
  • The government launched an incentive scheme to promote renewable energy.

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