incentive pay

noun

1. additional pay, a higher wage, or a bonus paid to promote the productivity of an employee.

Word History and Origins

Origin of incentive pay¹

First recorded in 1955–60

Example Sentences

California’s civil rights agency sued Santa Monica-based Activision Blizzard in July 2021, alleging that female employees faced constant sexual harassment, that few women were named to leadership roles and that when they were, they earned less salary, incentive pay and total compensation than male peers.

From Seattle Times

Wages and salaries for private sector workers, excluding those who receive bonuses and other incentive pay, rose 0.9% in the third quarter, down from 1.1% in the previous period.

From Seattle Times

It also includes $4.4 million in incentive pay, the filing showed.

From Reuters

The High Pay Centre said the rise was in part due to the economic recovery following lockdowns and through bosses having "strong incentive pay awards tied to profitability and share prices".

From BBC

However, it cut the incentive pay for other top executives.

From Reuters