9 Views

Question : Which of the following is an example of a non-monetary incentive for employees?

 

Option 1: Salary increase

Option 2: Bonus

Option 3: Employee recognition

Option 4: Promotion


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Employee recognition


Solution : The correct answer is (c) Employee recognition

Non-monetary incentives are rewards or benefits provided to employees that are not directly related to financial compensation. These incentives are designed to motivate, engage, and recognize employees for their contributions and achievements. Employee recognition is one such non-monetary incentive.

Employee recognition can take various forms, such as verbal praise, certificates, awards, or public acknowledgement of outstanding performance or contributions. It is a way to show appreciation and acknowledge the value that employees bring to the organization. Employee recognition can boost morale, enhance job satisfaction, and foster a positive work environment.

Related Questions

CLAT Current Affairs with GK ...
Apply
Stay updated with current affairs & check your preparation with the CLAT General Knowledge Mock Tests Ebook
CLAT English Language Mock Tests
Apply
Free Ebook - CLAT 2025 English Language questions with detailed solutions
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
CLAT Legal Reasoning Mock Tests
Apply
Free Ebook - CLAT 2025 legal reasoning questions with detailed solutions
GIBS Business School Bangalor...
Apply
100% Placements with 220+ Companies
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books