Incentive example sentences

Some times, monetary aspect may be involved in non-financial incentives as well.These incentives may be provided on individual or group basis.If managers identify motivational needs of employees and provide suitable incentives, employees may not think of leaving the organisation.The idea underlying such exemption or refund is to provide an incentive to the exporters to export more and also to make the export products more competitive in the world markets.Financial incentives are monetary and may be in the form of salary, bonus, profit sharing, pension etc.Financial incentives refer to incentives which are in direct monetary form or measurable in monetary term and serve to motivate people for better performance.Non-financial incentives mainly focus on these needs.Cash discount acts as an incentive that encourages prompt payment by the debtors.Regular electoral competition provides incentives to political parties and leaders.Profit provides a vital incentive for the continued successful operation of the enterprise.In order to facilitate and promote trade, government provides several incentives schemes for international firms to import goods at zero or concessional rates of customs duty for use in manufacture of products meant for exports; exempt them from payment of various other duties and taxes; and carry out their import-export transactions in a less cumbersome environment.RBI is the independent authority for conducting monetary policy in the best interests of the economy – it increases or decreases the supply of high powered money in the economy and creates incentives or disincentives for the commercial banks to give loans or credits to investors.Sometimes, the government provides incentives like subsidised power, lower transport cost and other infrastructure so that industries may be located in backward areas.Non financial incentives provide social and psychological satisfaction.The price for APL family is almost as high as open market price, so there is little incentive for them to buy these items from the ration shop.