Incentive Packages

Incentive packages are benefits or bonuses offered to individuals or groups to encourage certain behaviors or achievements. These packages can include financial rewards, bonuses, stock options, or non-monetary benefits like additional vacation days or flexible work hours. Businesses often use them to motivate employees, attract talent, or boost performance. In government, incentive packages might be offered to businesses to encourage investment in a particular area, such as tax breaks or subsidies. Overall, they serve as a motivational tool to align interests and drive desired outcomes.