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An incentive program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive programs are particularly used in business management to motivate employees and in sales to attract and retain customers .
Investment incentive is a government-implemented incentive policy aimed to encourage investors into its domestic market or to promote expansion of existing businesses. [1] Investment incentives encompass creating an environment that enables foreign businesses to operate profitably and decreases risks. [ 2 ]
Performance-based contracting (PBC) or results-based contracting, is a procurement strategy used to achieve measurable supplier performance. A PBC approach focuses on developing strategic performance metrics and directly relating contracting payment to performance against these metrics.
A performance-linked incentive (PLI) is a form of incentive from one entity to another, such as from the government to industries or from an employer to an employee, which is directly related to the performance or output of the recipient and which may be specified in a government scheme or a contract.
This template should be used instead of the standard {} template within individual sections of policy pages to which readers are redirected without seeing the {} notice at the top of the page. Usage, examples and anchors. This template works in the same way as the {} template, see the full documentation there.
No description. Template parameters [Edit template data] This template prefers block formatting of parameters. Parameter Description Type Status No parameters specified New policies require approval If you're writing a new policy, or substantially revising one, please remember to give the community significant time to consider your proposal. See WP:PROPOSAL for the current best practice on ...