Are incentives and rewards the same thing? What is the key difference between the two concepts? Incentives and rewards are often used interchangeably, however, they are not the same thing. Incentives are ways to encourage a particular behavior with benefits that can appear in the future. In contrast, a reward needs to occur either while the behavior is happening or very shortly afterward. The difference is timing. Keep reading for a more thorough analysis on the difference between incentive and reward.
Incentive and Reward: What’s the Difference?
