3 Which of the following is a non-financial incentive?
a. Job security
b. Retirement Benefit
c. Bonus
d. Co-partnership
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The Correct Answer is...
a. Job security
Explanation:
Job security is not a financial incentive.
Job security provides future stability and a sense of security among employees. Employees are not worried about the future and thus work with more enthusiasm.
Retirement benefit is a financial incentive. 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.
Co-partnership is also a financial incentive. It is a business between two or more people for financial gain.
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