Question

Authority, responsibility, rewards, perquisites and prestige of job etc. indicate which of the following non-financial incentives given to a person holding a managerial position ?

• A. Job Enrichment
• B. Job security
• C. Status
• D. Organisational climate

Hint:

Rank, authority, organizational prestige, and high-level perks are the defining characteristics of Status as an incentive.

Answer 1

The Correct Option is C

Concept: Non-financial motivators address an employee's psychological and social needs. Let's look closely at the options:

• Job Enrichment: Designing jobs with greater variety, higher-level skills, and more challenge to give employees a deeper sense of achievement.

• Job Security: Providing stability and certainty regarding long-term employment.

• Organisational Climate: The overall internal culture and working environment within a company.

• Status: The hierarchical rank, position, authority, responsibility, and prestige an individual holds in the organization.
Step 1: Matching the details with the correct incentive.
The prompt lists characteristics like authority, structural responsibility, specialized perquisites, and job prestige. These factors reflect an individual's rank and standing within the corporate hierarchy.

Step 2: Final validation.
In management, these features define an employee's institutional Status. Higher status satisfies esteem and social needs, acting as a strong non-financial motivator. This matches Option (C).