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Definition of

non-financial incentive scheme


UK program rewarding performance other than with money in the United Kingdom, a program offering benefits such as additional paid vacations, set up to reward employees for improved commitment and performance and as a means of motivation.

Related definitions of "non-financial incentive scheme"

non-financial incentive scheme - Related Articles
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    From the employee’s perspective a DC scheme is almost always seen as a lesser one. However, if the pension scheme is genuinely threatening the viability of the company, the employee has the incentive of knowing that the switch could mean the difference between having a job or having no job.
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  • Employee Stock Options

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    Holders of employee stock options have an incentive to act in a way that increases the value of the options. The fair value of employee stock options is, as described above, sensitive to the company’s stock price, the expected volatility of the stock, and the dividends expected to be paid on the stock during the life of the options. Employees may act, through enhanced performance, to increase company performance, and that in turn may be reflected in the stock price
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  • Pension Fund Management

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    These stakeholders include all existing and future recipients of income from the pension plan as well as those parties contributing to the plan, including employees and the business, government, or union offering employees the benefit of future retirement provision. As an incentive to decrease their reliance


Definitions of ’non-financial incentive scheme’ and meaning of ’non-financial incentive scheme’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’non-financial incentive scheme’ and other financial terms with our online QFINANCE Financial Dictionary.

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