Business Studies, asked by Golu4328, 1 year ago

Difference between monetory and non monetory financial institutions

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Answered by hs26102005
3
The purpose of monetary and non-monetary incentives are similar and only slight differences may exist between the two in what they are designed to accomplish as a monetary incentive is generally awarded for a job well done and is often something that the employee can strive for and these are usually offered in the form of some type of bonus. However, the purpose of a non-monetary incentive is to generally reward the employee after the fact of doing a good job.






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Answered by sandeepgurung245351
3

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