Five Marks Questions : Money is not the only motivation. Then what else is required to motivate employees? Explain by giving any four points.
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Solution
1.Status-It refers to rank,authority, responsibility, recognition and prestige related to job.
2. Organisational climate-It refers to relations between superior/subordinates.
3. Career advancement- Managers must provide promotional opportunities to employees.
4. Employees recognition- Recognition means giving special reward or respect which satisfies the ego of the subordinates.Ego-satisfaction is a very good motivator.