Wage Incentive


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Wage Incentive

A policy in which a company pays a higher wage in exchange for greater productivity. For example, a company may pay $10 per hour most of the time, but if a worker's output exceeds a certain level, he/she may receive a temporary raise to $12 for as long as that level of productivity lasts. See also: Bonus.
References in periodicals archive ?
Should the employee obtain a master's or doctoral degree, he shall be entitled to a monthly wage incentive against his degree, and that shall be determined in the executive bylaw.
The collaborative working between agencies and the council was delivering until the politically driven decision by Employment Minister Esther McVey to cut the Wage Incentive, thus undermining a successful initiative to reduce youth unemployment.
Council cabinet member for jobs Coun Tahir Ali said the council was considering a judicial review as it only found out about the change from a third party subcontractor two weeks before the Wage Incentive Scheme was cancelled.
The Wage Incentive and money for new local policies will provide a welcome boost to help them achieve that.
Employment Minister Mark Hoban said: "Youth unemployment has fallen by 59,000 since the Youth Contract was launched and tens of thousands of people have benefited from work experience, apprenticeships or the wage incentive.
That is why we are encouraging employers to give young disabled people a chance by offering this new wage incentive.
Were wage incentives included in the federal program because of lessons drawn from the states?
The maintenance workers' wage incentive varies with how well they, as a group, control or contribute to the following wage incentive factors.
McCabe, The Standard Rate in American Trade Unions (New York, 1912), 114; Nadworny, Scientific Management, 53; Conference Board, Wage Incentive Practices, 6-11.
He says that withdrawing the Wage Incentive Scheme - which paid firms a bounty to take on young people who had been unemployed for more than six months - has come as a total shock to him.
EMPLOYERS in Wales are among those across the UK who will take on youngsters at risk of long-term unemployment thanks to the Government's wage incentive scheme.
The government's wage incentive scheme has encouraged UK businesses to offer over 21,000 jobs to young people at risk of long term unemployment.