monetary incentives

USAGE SUMMARY

"monetary incentives" is a correct and usable phrase in written English.
You can use it in any situations where you are referring to things that have a monetary value, such as rewards, subsidies, grants, etc. For example: "The company provided its employees with monetary incentives for completing tasks on time."

✓ Grammatically correct

Science

Formal & Business

News & Media

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Some individuals are motivated by monetary incentives whereas others are by non-monetary incentives.

Journal of Global Entrepreneurship Research

Monetary incentives: Five interviewees spoke about bonus programmes.

Health Economics Review

Monetary incentives are increasingly used to help motivate survey participation.

American Journal of Preventive Medicine

These are: general rules and procedures; rules regulating monetary incentives; rules related to the entrepreneurial risk.

Research Policy

Experiment 1 shows that subjects exert high effort even if there are no monetary incentives, suggesting that non-monetary incentives are contributing to their effort choices.

European Economic Review

But monetary incentives could be taken out of the plan.

Huffington Post

No monetary incentives were given.

BMC Cancer

No monetary incentives were offered for participation.

Environmental Health Perspectives

Monetary incentives were used in four surveys.

BMC Medical Research Methodology

Small and irregular monetary incentives demotivate ASHAs.

Human Resources for Health

When asked their preference, non-monetary incentives are relatively more important than monetary incentives for CHWs.

Human Resources for Health

Expert writing Tips

Best practice

When discussing "monetary incentives", clearly define the specific type and amount, as well as the criteria for earning them, to avoid ambiguity.

Common error

Avoid using "monetary incentives" when referring to rewards that do not involve money, such as recognition, extra vacation time, or opportunities for professional development.

Linguistic Context

The phrase "monetary incentives" primarily functions as a noun phrase. It refers to the concept of using financial rewards to motivate specific behaviors or actions. Ludwig AI confirms this through its examples, showcasing the phrase in contexts where it acts as the subject or object of a sentence.

Expression frequency: Very common

Frequent in

Science

68%

Formal & Business

15%

News & Media

8%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "monetary incentives" is a noun phrase widely used to describe the practice of using financial rewards to motivate specific behaviors. Ludwig AI confirms that it functions grammatically as a noun phrase. It is commonly employed in scientific, business, and news contexts, reflecting a formal and scientific register. The phrase is generally considered grammatically correct and very common, although careful consideration of the context is needed to ensure its appropriate use. Alternatives include "financial rewards" and "cash bonuses", each with nuanced differences in meaning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Financial rewards

Focuses specifically on the reward aspect, omitting the motivational aspect.

Cash bonuses

Refers to a specific type of monetary incentive that is a lump sum payment.

Financial inducements

A more formal term for encouraging action through financial means.

Payment incentives

Emphasizes the act of paying as a way to incentivize behavior.

Economic motivators

Highlights the economic aspect of motivation, rather than the direct monetary reward.

Performance-based pay

Specifically ties financial compensation to performance metrics.

Wage premiums

Suggests an additional amount added to regular wages as an incentive.

Financial benefits

Broader term encompassing any financial advantage offered as an incentive.

Profit sharing

Incentive is tied directly to the company's profits.

Commission structures

Incentive is a percentage of sales or revenue generated.

FAQs

How are "monetary incentives" used in research studies?

In research, "monetary incentives" are frequently used to increase participation rates in surveys or trials, where participants receive payments or vouchers for their time and effort. For instance, studies have found that offering "monetary incentives" can significantly improve response rates to postal questionnaires.

What are some alternatives to "monetary incentives"?

Depending on the context, you could use alternatives like "financial rewards", "cash bonuses", or "payment incentives" to describe different types of financial motivation.

Are "monetary incentives" always effective?

While "monetary incentives" can be effective, their impact can vary depending on factors like the amount offered, the target audience, and the context. Some studies suggest that "non-monetary incentives", such as recognition or opportunities for advancement, can also be highly motivating.

How do "monetary incentives" differ from "financial inducements"?

"Monetary incentives" and "financial inducements" are largely synonymous, both referring to financial means used to encourage a particular behavior. However, "financial inducements" may carry a slightly more formal or persuasive connotation.