Briefly explain any four Financial Incentives offered by a comp
its employees in order to motivate them.
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Answer:
Following are the main types of financial incentives:
Pay and Allowances: Salary is the basic monetary incentive for every employee. ...
Productivity Linked Wage Incentives: ...
Bonus: ...
Profit Sharing: ...
Co-partnership/Stock Option: ...
Retirement Benefits: ...
Perquisites:
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