Answer: C) Awards are granted as one-time payments
Incentive pay is a special kind of pay given to employees, in order to appreciate their efforts, and encourage them to double down on their efforts or continue their good work.
The awards are only given as one-time payouts, rather than repeatedly, as the aim is to encourage the workers to put in their best without knowing when the incentives will arrive.
The awards are given on an objective nature, rather than subjectively, and motivate productivity in employees. They can be awarded even before a predetermined work objective is completed.