1.

Financial and Non-financial Incentives.

Answer»

The thing which inspires employees to work more is called Motivation. There are two types of Motivation:

Financial Incentives:

  • Profit-Sharing,
  • Co-partnership
  • Promotion
  • Bonus
  • Commission
  • Prizes and
  • Suggestions and Advices.

Non-financial Incentives:

  • Security of Employment
  • Appreciation of Work and Reward
  • Assignment of Responsibility,
  • Adviser
  • Welfare Activities and Amenities and
  • Other Incentives.


Discussion

No Comment Found

Related InterviewSolutions