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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


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

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.

 

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