Question : Statement 1: Non-financial incentives do not impact employee job satisfaction.
Statement 2: Non-financial incentives can enhance employee job satisfaction.
Option 1: Both statements are correct.
Option 2: Statement 1 is correct, and statement 2 is false.
Option 3: Both statements are incorrect.
Option 4: Statement 2 is correct, and statement 1 is incorrect.
Correct Answer: Statement 2 is correct, and statement 1 is incorrect.
Solution : The correct answer is (d) Statement 2 is correct, and statement 1 is incorrect.
Statement 1 is incorrect. Non-financial incentives, such as flexible work hours, recognition, opportunities for development, a positive work environment, and work-life balance initiatives, can significantly impact employee job satisfaction. Many employees value these incentives as much as, or even more than, financial rewards.
Statement 2 is correct. Non-financial incentives are known to enhance employee job satisfaction by improving their overall work experience, motivation, and engagement. When employees feel valued and supported in various non-monetary ways, it positively affects their job satisfaction and morale.
