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Financial incentive — OCR GCSE Business Definition | GradeGen

Home
Business
Key terms
Financial incentive

GCSE Business · key term

Financial incentive

Definition

A reward with monetary value intended to encourage employees to work harder or more effectively.

Used by OCR

How each exam board covers it

OCR GCSE Business · J204

Paper 1

Revise: Financial Motivation Methods

OCR Business past papers

Related key terms

Bonus
Commission
Fringe benefit
Motivation
Pay

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