What financial and non financial incentives can the company use for employees and agents separately to motivate them. What benefits company will get from them?
Answers
hey!.
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Ans: Incentives for Employees::-
(i) Financial
(i) Financial(a) Productivity linked wage incentive
(i) Financial(a) Productivity linked wage incentive(b) Bonus
(i) Financial(a) Productivity linked wage incentive(b) Bonus(c) Co partnership
partnership(d) Employee stock option
(ii) Non financial:-
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(a) Job security
security(b) Status
security(b) Status(c) Employee empowerment
security(b) Status(c) Employee empowerment(d) Employee recognition programme
security(b) Status(c) Employee empowerment(d) Employee recognition programmeIncentives for Agents
security(b) Status(c) Employee empowerment(d) Employee recognition programmeIncentives for Agents(i) Financial:-
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(a) Commission
(b) Bonus like paid vacation
(ii) Non financial Incentive:-
(a) Cordial relationship
(a) Cordial relationship(b) Career advancement opportunity
(a) Cordial relationship(b) Career advancement opportunity(c) Job enrichment
(a) Cordial relationship(b) Career advancement opportunity(c) Job enrichment(d) Recognition programmes like certificate of merit etc.
(a) Cordial relationship(b) Career advancement opportunity(c) Job enrichment(d) Recognition programmes like certificate of merit etc.(e) Company achieves the motivation among the employees and they will contribute more in achieving targets.
hope it will help u
Heya!!
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Here is your answer⬇️⬇️
Benefits :
Carrer advancement oppurnity.
More jobs
Bonus for vacations.
Unpaid leaves.
Corodial relationships.
Hope my answer helps you❤️