article thumbnail

Top 20 Examples of Employee Incentive Programs

Vantage Circle

It is a payment that compensates for the rise in prices and cost of living. Earlier, the cost of living wasn't a consideration for employers when determining employee compensation. So offering dearness allowance as a type of employee incentive program is a reliable way to attract and retain employees.

article thumbnail

What is the Difference Between Benefits, Perks, Gifts, Awards, Incentives, and Rewards?

Empuls

Example of incentives in real-time Dow Chemical Company offers a purpose-driven employee incentive program called ‘Accelerate Great.’ Apple offers its employees extended paid vacations while their medical coverage plans include fertility treatments. ’ What are benefits? What are perks? What are gifts?