What type of payment is provided to employees for meeting performance or output goals?

Incentive payments are specifically designed to reward employees for achieving certain performance or output goals. This type of payment is contingent upon measurable outcomes, such as hitting sales targets, completing projects ahead of schedule, or improving customer satisfaction ratings. By linking compensation to performance, organizations aim to motivate employees to enhance their productivity and overall contribution to the company's success.

In contrast, the other types of payment listed serve different purposes. Wages are typically hourly earnings paid for the hours worked, while salary is a fixed payment amount regardless of hours worked or performance outcomes. Benefits usually refer to non-wage compensations such as health insurance, retirement plans, and other perks that support employee welfare but are not directly tied to performance metrics. The primary focus of incentive payments is to create a direct correlation between performance achievements and financial rewards, thereby driving motivation and performance.