verb
- to provide with an incentive; to motivate or encourage someone to do something by offering a reward or benefit
Usage: business; formal
Examples
- The company decided to incentivize employees with bonuses for meeting sales targets.
- Tax breaks were used to incentivize businesses to invest in renewable energy.
- The school district plans to incentivize teachers to work in underperforming schools.
- Loyalty programs incentivize customers to make repeat purchases.
- The government wants to incentivize people to use public transportation.
- Performance-based pay is designed to incentivize higher productivity.