Question : Which of the following is an example of a non-monetary incentive for employees?
Option 1: Salary increase
Option 2: Bonus
Option 3: Employee recognition
Option 4: Promotion
Correct Answer: Employee recognition
Solution : The correct answer is (c) Employee recognition
Non-monetary incentives are rewards or benefits provided to employees that are not directly related to financial compensation. These incentives are designed to motivate, engage, and recognize employees for their contributions and achievements. Employee recognition is one such non-monetary incentive.
Employee recognition can take various forms, such as verbal praise, certificates, awards, or public acknowledgement of outstanding performance or contributions. It is a way to show appreciation and acknowledge the value that employees bring to the organization. Employee recognition can boost morale, enhance job satisfaction, and foster a positive work environment.
Question : Which of the following is an example of an extrinsic reward for employee motivation?
Option 1: Job satisfaction
Option 2: Employee recognition
Option 3: Opportunities for growth
Option 4: Monetary bonus
Question : Which of the following is an example of a disciplinary action?
Option 1: Performance appraisal
Option 2: Training program
Option 4: Written warning
Question : Salary is the example of which of the following financial incentive?
Option 1: Pay and allowances
Option 2: Productivity linked wage system
Option 3: Bonus
Option 4: Profit sharing
Question : Which of the following are the non-financial incentive?
Option 1: Job enrichment
Option 2: Employee’s participation
Option 3: Employees empowerment
Option 4: All of the above.
Question : Which of the following are the financial incentive?
Option 1: Pay and allowance
Option 2: Productivity linked with incentive
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