Incentives

Incentives are rewards or motivations designed to encourage specific behaviors or actions. They can be monetary or non-monetary and are often used in various contexts, such as economics, business, and psychology, to influence decision-making and performance. Incentives may come in the form of bonuses, commissions, discounts, prizes, or intrinsic rewards like recognition and social approval. The aim of incentives is to align individual or group interests with desired outcomes, thereby enhancing productivity, engagement, and overall effectiveness in achieving goals.