CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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

Open in App
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.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Staffing Process
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon