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Incentive Pay
A compensation strategy that rewards employees for achieving specific performance targets or for exceptional work, intended to motivate higher productivity.
Motivate Employees
The process of inspiring and encouraging employees to achieve their best performance and commit to an organization's goals and success.
Long-Term Incentive
A reward system designed to improve employees' long-term performance, often through bonuses, stock options, or other financial rewards that vest over a period.
Stock Option
A benefit in which the employee is given the option to buy the company's stock at a discounted price.
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