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"incentivising" is a correct and usable word in written English.
You can use it to refer to the process of providing incentives or rewards to encourage an action or behavior. For example: "The company implemented an incentivising program to encourage employees to stay in their positions longer."
Dictionary
incentivising
verb
Present participle of incentivise
Exact(60)
If his government put half as much effort into incentivising green energy like biogas as it does into foisting fracking on communities that don't want it, the UK would be well on its way to long term energy security.
"Greg Clark, the new secretary of state in the department, is massively in favour of incentivising people to accept new development.
For the looming general election is raising the prospect of a Labour-led government encouraging or incentivising the payment of the living wage to workers on public services contracts, currently £7.85 an hour, or £9.15 in London, as against the £6.50 minimum wage for employees aged 21 or over.
But at least their answer to the challenge of keeping patients healthier at home and therefore out of hospital unnecessarily – the £5.3bn "Better Care Fund", which began on 1 April – is already changing how local NHS and social care services work, and has begun incentivising them to work together to offer patients a joined-up illness protection service.
The bank said: Following the acquisition of EE, BT has secured a strong network position at a time when European regulators (and Ofcom) are incentivising network investment; and it will stand alone as the only integrated operator in the UK with the benefit of network economics on both fixed and mobile services.
"Incentivising" prizes, by contrast, stimulate achievement of specific goals.
The inadequacy of a basic "floor" in the pension system strengthens middle-class demand for generous pensions for themselves, and simply looking to more targeting will only fuel this further.What is needed is a middle ground in the form of a fair, affordable and sustainable minimum that provides security for all, while incentivising saving for a more generous pension.
As a first principle, it would be equally valid to say that one doesn't care about the income of the wealthiest, one cares about incentivising excellence.
Just where the government plans to strike the balance between incentivising growth and protecting the poor will be clear before Christmas, Nick Clegg, the deputy prime minister, said on December 7th.
Incentivising people to eat better, exercise regularly, drink in moderation and avoid smoking would reap huge health dividends.Where things get harder is with risks that individuals cannot control.
By incentivising work, Iain Duncan Smith, Britain's welfare secretary, is aiming to curb welfare as a lifestyle choice.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com