Which of the following must be given to workers as an incentive to improve their work efficiency?
Wage
Profit
Bonus
Remuneration
Bonus is a part of the profit, which must be given to workers as an incentive to improve their efficiency of work.
The amendment of which bill passed by the Lok Sabha allows for doubling of wage ceiling for calculating bonus of factory workers?
ABC Ltd. is not able to achieve its objective on analysing, they found that employees were not given their best, so he decided to announce an incentive plan, which offers various incentives to employ workers at a different level for achieving their target. Which element of directing is missing in the above situation.