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Asked: 2023-03-28T04:05:42+00:00 In:

What makes a good incentive?

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What makes a good incentive?

What are the features?

 

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    2 Answers

    1. Actress
      What makes a good incentive?

      A well-designed incentive program has a clearly defined goal, establishes rules, makes rewards visible, focuses on goal commitment, embraces competition and leverages risk, among other aspects. Following, we further explain the top 10 ways to make incentives more effective.

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    2. Blogger
      What makes a good incentive?

      A good incentive plan must be attractive enough to motivate performance but also be attainable with stretched efforts so that employees will not be discouraged. As a rule of thumb, the average achievement level should be set as the target and 20% above that could be a stretch goal with upside earnings.

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