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What is Financial and Non-Financial Incentives Explained about?

This document discusses different types of financial and non-financial incentives used by organizations to motivate employees. It defines incentives and outlines two main categories - financial incentives like wages and bonuses, and non-financial incentives such as job security, recognition, promotion opportunities, and job enrichment. The document also explains the difference between positive incentives that satisfy needs and wants, and negative incentives used to correct mistakes when positive incentives

Author

AshrafAli

Language

EN