Staff welfare fund. The fund is used to reward outstanding people with outstanding achievements. The incentive fund is the employee incentive fund, that is, the employee welfare fund, which is used to reward outstanding employees. The incentive fund is drawn from the after-tax profits of the past years according to the resolution of the board of directors. Employee incentive and welfare fund, namely employee welfare accumulation fund, refers to the funds used by state-owned enterprises to improve employees' living facilities, public consumption and medical insurance.