_________ is given to improve motivation and productivity among employees.

Salary

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Incentive wages

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Fringe benefits

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Compensation

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Solution

The correct option is C Incentive wages
Wage incentive refers to performance linked compensation paid to improve motivation and productivity. It is the monetary inducements offered to employees to make them perform beyond the acceptance standards. ADVERTISEMENTS: According to the National Commission of Labour “wage incentives are extra financial motivation.

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Similar questions

Explain different financial and non-financial incentives used to motivate employees of a company?

Explain how controlling helps in

(i) Making efficient use of resources.

(ii) Improving employees motivation.

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