Long Answer Type Question:
Explain different financial and non-financial incentives used to motivate employees of a company.

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Solution

Financial Incentives:
1.Pay and Allowances.
2.Profit Sharing.
3.Bonus.
4.Commission.
5.Productivity linked with wage incentives.

Non-Financial Incentives:
1.Status.
2.Organisational climate.
3.Career establishment.
4.Job security.
5.Employee's participation.

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Long Answer Type Question:Explain different financial and non-financial incentives used to motivate employees of a company.

Financial Incentives:1.Pay and Allowances.2.Profit Sharing.3.Bonus.4.Commission.5.Productivity linked with wage incentives.Non-Financial Incentives:1.Status.2.Organisational climate.3.Career establishment.4.Job security.5.Employee's participation.

Long Answer Type Question:
Explain different financial and non-financial incentives used to motivate employees of a company.

Financial Incentives:
1.Pay and Allowances.
2.Profit Sharing.
3.Bonus.
4.Commission.
5.Productivity linked with wage incentives.

Non-Financial Incentives:
1.Status.
2.Organisational climate.
3.Career establishment.
4.Job security.
5.Employee's participation.