What context can I use each word in?
Learn when and how to use these words with these examples!
premia
Example
The company offers premia to its top-performing employees. [premia: noun]
Example
The sales team was promised a premia if they exceeded their monthly target. [premia: singular form]
incentive
Example
The company provides incentives to its employees to increase productivity. [incentives: plural form]
Example
The promise of a bonus served as an incentive for the sales team to work harder. [incentive: singular form]
Good things to know
Which word is more common?
Incentive is more commonly used than premia in everyday language and covers a wider range of contexts and tones.
Whatโs the difference in the tone of formality between premia and incentive?
Premia is typically associated with a more formal or technical tone, while incentive is more versatile and can be used in both formal and informal contexts.
