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Define difference between salary and incentive..

Answer Posted / h. s. ahluwalia

Salary is a wage, pay or remuneration earned for work,
typically a monetary payment for services rendered, as in
an employment. A salary is a type of payment a person gets
for work done for a job. A salary is usually paid for a
fixed period, like a month or a week.

Incentive is a scheme to promote or encourage specific
actions or behavior of people during a defined period. An
incentive is a financial or non-financial factor that
enables or motivates an action. It is an expectation that
encourages people to behave in a certain way. Financial
incentive is used to motivate employees, in order to
attract more sales and retain customers.

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