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Incentivization
- Reward Output and never Input -
Where do we stand?
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Alternative terms
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Compensation & Benefits
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Total rewards
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Monetary & non-monetary Incentives
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Payment
Definition
Incentivization encompasses all monetary and non-monetary rewards provided from the organization for the performance of its employees.
It thus includes all organizational measures to attract, motivate and retain its members. This means that all touchpoints in the relationship between employer and employees have to be in the focus of incentivization.
Related topics
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