商务英语 Level 6 Unit 1 Part 5 Voca

Vocabulary【Incentive Programs】

An incentive program is designed to promote or encourage specific employee behaviors.
It is used by companies to motivate employees to perform better.

incentive: 刺激，优惠

performance-based bonuses
A performance-based bonus is additional compensation paid as a reward for achieving specific goals.
These bonuses may be given on a regular basis, such as annually or monthly.
They might also be made available only for a specific period of time.

compensation: 薪酬

paid time off (PTO)
Many employees want the opportunity to have paid time off of work.
Paid time off doesn't just mean paid days off for sick days or emergencies.
Employees could also earn additional time off that they can use whenever they choose.
If they don't use this time before the end of the year, it can be converted to money.

tuition reimbursement
Some companies reimburse employees' tuition.
This means employees pay for education costs and then receive reimbursement after the course is completed.
If employers pay for education, employees are more likely to perform better for the long-term.

reimbursement: 报销

employee promotion policy
An employee promotion policy is a set of rules and guidelines for promoting an employee.
Performance and skills are criteria used in a good promotion policy.

employee of the year
Companies can choose an outstanding employee to be employee of the year.
Generally, the company will have a nomination and selection process to choose the best employee.
Employee of the year award helps boost the winner's confidence and encourage others to perform well.

outstanding: 杰出的
nomination: 提名

Question

1. Why would business management implement incentive programs?
   > to motivate employees
2. How might a company help drive employees to put an extra effort to a project?
   > by making a bonus available for a limited time
3. How can an employee be compensated if they don't use their paid-time-off?
   > their time off can be converted to money.
4. They offered a bonus to whichever employee made the most sales.
5. Her company allows its employees to convert paid time off into money.
6. In my company, the better the employee's performance, the higher their performance bonus will be.
7. An employer may reimburse employees' education tuition.
8. How is an employee generally chosen to be the employee of the year?
   > there will be a nomination and selection process.
9. Had he put in his best effort, there's a good chance he would've been employee of the year.
10. Their policy states that employees may receive a promotion after completing one year.

compensate: 补偿
reimburse: 报销