BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ORGANIZATIONAL BEHAVIOUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is NOT a monetary method of motivation?
A
Comission
B
Pay Rise
C
Recognition
D
Bonuses
Explanation: 

Detailed explanation-1: -Non-financial methods of motivation involve motivating employees in ways that don’t involve money. Non-financial methods of motivation include job enlargement, job rotation, job enrichment, empowerment and training.

Detailed explanation-2: -Thus, it is concluded that recall is not a technique of motivation.

Detailed explanation-3: -Non-financial motivators, which are less common, are often intangible and do not involve money directly. Examples of these include recognition, added responsibility and trust in a role, participation in decisions, flexible schedules, mentorship, feedback, and others.

Detailed explanation-4: -Financial motivation involves motivating employees with money and things associated with money. The main methods of financial motivation used in business are wages, salaries, performance related pay, profit sharing, and financial fringe benefits .

There is 1 question to complete.