Question

Long Answer Question:
"Money is the only motivator." Do you agree with this statement?

Answer 1

Money is not the only Motivator, the employees who have more of esteem and self actualization needs active in them, get satisfied with the non-monetary incentives only.

Non-Monetary/Non-Financial Incentives: 1. Status. 2. Organisational climate. 3. Career advancement. 4. Employees recognition. 5. Job security. 6. Employee's participation. 7. Autonomy/ employee empowerment. 8. Job enrichment/ assignment of challenging job.