Question:
Name any two non-financial incentives to motivate the employees.
Name any two non-financial incentives to motivate the employees.
Show Hint
Motivation is not always about money — psychological and social rewards play a key role in sustaining employee enthusiasm and performance.
Updated On: Jan 14, 2026
Show Solution
Verified By Collegedunia
Solution and Explanation
Non-financial incentives refer to motivational factors that do not involve monetary compensation but significantly influence employee satisfaction and performance. These incentives cater to the psychological, social, and emotional needs of individuals. Two such common non-financial incentives are:
- Job Security: Assuring employees of stable employment reduces anxiety and boosts morale, thereby enhancing loyalty and productivity.
- Recognition and Prestige: Acknowledging an employee's efforts through awards, praise, or public appreciation satisfies their self-esteem and motivates them to continue performing well.
- Opportunities for career advancement
- Challenging work assignments
- Participation in decision-making
- Respectful and inclusive workplace culture
Was this answer helpful?
0
0
Top CBSE CLASS XII Business Administration Questions
- Effective communication involves skills that can be utilized to send messages that are clear, concise and ___.
- Name the organisation under Ministry of Power which is working towards Electric Vehicle Programme.
- An electronic document which has rows and columns and is used to store data in a systematic way for performing calculations is known as ___.
- Individuals who love interacting with people around and are talkative are known as ___.
- Government rules, taxation, environmental regulations etc. are examples of which barrier to entrepreneurship?
View More Questions
Top CBSE CLASS XII Leadership and motivation Questions
- Individuals who love interacting with people around and are talkative are known as ___.
- Mention any one technique that can help a person to maintain a positive outlook.
- Expectancy and Equity are part of ___theory.
- It is the duty of the leader to provide continuous ___for their performance to his team members.
- Define Institutional Leaders.
View More Questions
Top CBSE CLASS XII Questions
- 2, b, c are in A.P. and the range of determinant $\begin{vmatrix}1&1&1\\ 2&b&c\\ 4&b^{2}&c^{2}\end{vmatrix}$ is [2, 16]. Then find range of c is
- A boy of mass 50 kg is standing at one end of a, boat of length 9 m and mass 400 kg. He runs to the other, end. The distance through which the centre of mass of the boat boy system moves is
- A capillary tube of radius r is dipped inside a large vessel of water. The mass of water raised above water level is M. If the radius of capillary is doubled, the mass of water inside capillary will be
- A circular disc is rotating about its own axis. An external opposing torque 0.02 Nm is applied on the disc by which it comes rest in 5 seconds. The initial angular momentum of disc is
- A circular disc is rotating about its own axis at uniform angular velocity \(\omega.\) The disc is subjected to uniform angular retardation by which its angular velocity is decreased to \(\frac {\omega}{2}\) during 120 rotations. The number of rotations further made by it before coming to rest is
View More Questions