An incentive agreement is the kind of agreement that specifies an additional reward, whether in monetary value or any other perks and benefits. Unlike an owner’s agreement and a partnership agreement templates that are used for business to business transactions, an incentive agreement is commonly used by the human resource department to promote efficiency and effectiveness in the workplace.
Employees are commonly subjected to an incentive agreement if their work processes allow them to execute additional risks, work functions, or achieving something that is over a benchmark goal like sales quota or any other productivity measures. We have put together a number of incentive agreement templates and samples so you can have an idea on how to create this document.
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