What is another word for incentive program?
Pronunciation: [ɪnsˈɛntɪv pɹˈə͡ʊɡɹam] (IPA) 
An incentive program is a strategy companies use to drive engagement among employees, customers, or partners. However, there are several other terms that can be used interchangeably with the words "incentive program". For example, a rewards and recognition program aims to motivate individuals by offering them prizes or recognition for their achievements. Similarly, a loyalty program is designed to encourage customers to remain loyal to a brand by offering them rewards for their repeated business or purchases. Furthermore, referral programs give users incentives to refer new business to the company. Finally, performance-based programs reward employees based on their achievements or excellent performance. All these terms can be used interchangeably with the term "incentive program" to encourage individuals to participate actively.
