state job enrichment and employee participation as non financial incentives how do they motivate employee
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Tips to Motivate Employees Without Resorting to Money
Autonomy, mastery and purpose. ...
Offer specific and sincere praise. ...
Develop a community. ...
Engage your employees in the incentive process. ...
Get to know them as people. ...
Offer flexibility. ...
Stay connected. ...
Provide perks and privileges
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Some of the non financial incentives to motivate people for improving their performance are: 1. Status 2. Organisational Climate 3. Career Advancement Opportunity 4. Job Enrichment 5. Employee Recognition Programme 6. Job Security 7. Employees’ Participation 8. Employees’ Empowerment.
Non financial incentives refer to those incentives which help in satisfying psychological, social and emotional needs of an individual. However, monetary aspect may also be there in non financial incentives. For example, promotion of an individual in an organisation satisfies him psychologically as he gets a feeling of increase in status and authority etc.
Non financial incentives refer to those incentives which help in satisfying psychological, social and emotional needs of an individual. However, monetary aspect may also be there in non financial incentives. For example, promotion of an individual in an organisation satisfies him psychologically as he gets a feeling of increase in status and authority etc.
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