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Economic development đź’° Examples of performance based incentives

Something with a formula based on X number of employees hired, etc.
Are you looking for a results-based (or outcome-based) formula?
If yes, then here are two possibilities that have had quantifiable formulas in the past:
  • Should the outcome-based formula pay out a certain amount after each individual employee is hired--until the number of employees hired equals X?
  • Alternatively, should the outcome-based formula pay out nothing until X number of employees are hired--and then a previously agreed-upon grand total amount gets paid?
As you can imagine, the two different scenarios would use two different formulas and therefore different financial tools for implementation.