Financial Incentives

3 words in this vocabulary list

noun a special advantage or benefit that is enjoyed by a person or group beyond what is usual or expected

  • The company offers various perks to attract top talent, such as flexible work hours and health benefits.
  • Working for this company has its perks, like free snacks in the break room and company events.
  • I love this job because of all the cool perks they give us, like extra vacation days and a casual dress code.
  • Having a positive attitude comes with its own perks, such as attracting good energy and opportunities.

noun a system in which employees receive a share of the profits of a business

  • The company implemented a new profit sharing program to incentivize employees to work harder.
  • Hey, did you hear about the new profit sharing scheme at work? We might actually get a decent bonus this year!
  • I'm hoping the profit sharing thing kicks in soon so I can finally afford that vacation.
  • In a true partnership, both parties engage in profit sharing to ensure mutual success.

noun a partial refund to someone who has paid too much money for tax, rent, or a utility

verb to give a rebate

  • The company offers a rebate to customers who purchase a certain amount of products.
  • If you buy this phone, you can get a rebate on your bill.
  • I scored a sweet rebate on my new laptop purchase.
  • His kindness towards others was a rebate for the wrongs he had done in the past.