GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is / are not ‘Non financial incentives’?
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Person
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Responsibility
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Welfare activities
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Job Enlargement
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Explanation:
Detailed explanation-1: -Beneficiaries like retirement provide financial security to employees after their retirement. A bonus is a financial incentive. It is given to an employee as a reward for his good performance.
Detailed explanation-2: -The other three options as given in the question, that is, promotion, job security and employee participation are non-financial incentives that focus on psychological and social needs of the employees.
Detailed explanation-3: -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.
There is 1 question to complete.