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The incentive plan is based on clear and realistic goals.
An incentive plan can be described as such a plan that helps employees of an organisation to work for rewards.
Incentive plans are a type of employee compensation structure that uses certain rewards to motivate team members to work harder and achieve specific goals. This type of compensation goes beyond the paycheck and benefits that all employees should receive for the hours they work.
An incentive plan makes monetary rewards an emphasis.
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