Incentive pay refers to a monetary reward or compensation offered to employees in addition to their regular salaries or wages. This type of payment is usually granted based on performance, productivity, or achieving certain goals or targets set by the company. Incentive pay is often used as a tool to motivate employees and improve their performance, as it is a tangible way to recognize their efforts and contributions to the organization.

One common form of incentive pay is a bonus, which is usually based on the number of hours worked or the achievement of specific targets, such as sales or production goals. However, there are other creative ways to incentivize your team, such as offering gift cards as a form of payment. Gift cards can be used as a flexible and versatile alternative to cash bonuses, as they allow employees to choose what they want to buy and when they want to use their reward. This can also help to create a more personalized and meaningful experience for your team members.