- performance incentive
- /pə'fɔ:məns ɪnˌsentɪv/ nounan extra payment to reward an employee’s performance at work
Dictionary of banking and finance. 2015.
performance incentive
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Performance management — is closely connected to Performance measurement. They are sometimes mistaken for each other. In careful usage, Performance Management is the larger domain and includes Performance Measurement as a component.Performance measurement is the process… … Wikipedia
performance share plan — (PSP) Sometimes known as a long term incentive plan or LTIP. A type of long term incentive in which participants are allocated shares or rights to shares, the vesting of which is subject to the satisfaction of performance targets typically… … Law dictionary
performance ratchet — Also known as equity ratchet. A common feature of private equity transactions, designed as an incentive for owner managers. The effect of the ratchet is to increase the amount of equity held by managers if certain performance targets are reached … Law dictionary
Performance-related pay — is money paid to someone relating to how well he or she works at the workplace. Car salesmen, production line workers, for example, may be paid in this way, or through commission.Business theorist Frederick Winslow Taylor was a great supporter of … Wikipedia
performance condition — A target, set at the outset of an incentive award, the attainment of which is required for the award to vest. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Incentive program — An incentive program is a formal scheme used to promote or encourage specific actions or behavior by a specific audience during a defined period of time. HistoryAlthough incentive programs have been around for more than 100 years, it wasn’t until … Wikipedia
Incentive — For the video game developer and publisher, see Incentive Software. For the independent record label, see Incentive Records. In economics and sociology, an incentive is any factor (financial or non financial) that enables or motivates a… … Wikipedia
incentive — noun ADJECTIVE ▪ big, generous, good, great, huge, massive (esp. BrE) ▪ powerful, strong ▪ adequate … Collocations dictionary
Incentive Fee — A fee paid to a fund manager by investors. Incentive fees are typically dependent upon the manager s performance over a given period and are usually taken in relation to a benchmark index. For instance, a fund manager may receive an incentive fee … Investment dictionary
incentive fee — Compensation paid to commodities ( commodity) trading advisers or to any practitioner who achieves above average returns. Sometimes called performance fee. Bloomberg Financial Dictionary * * * incentive fee incentive fee ➔ fee * * * incentive fee … Financial and business terms
