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Question

Which of the following is not an example of a non-financial incentive?


A

Status

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B

Perquisites

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C

Organisational Climate

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D

Career Advancement Opportunity

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Solution

The correct option is B

Perquisites


Answer (b) Perquisites

Explanation: Perquisites are an advantage or benefits that the representatives are qualified for on account of their work or position they hold in the organisation. For example, it can be a vehicle given by the organisation’s side, rent-free convenience, and so on. A worker can trade wages and compensation for another benefit. It is known as ‘salary packaging’ or ‘salary exchange’.


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Type of Incentives
BUSINESS STUDIES
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