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What are the implication of incentive on employees performances?
Wiki User
∙ 10y ago
Incentives can help motivate employees to go the extra step to reach certain goals. When people have something to work for and they know there is a possibility of reward for meeting specific expectations, most will go the extra mile to get it. Incentives can encourage competition among employees, make them feel like their work is appreciated, and help keep them dedicated to the company. If employees are acknowledged for great work, they will have greater job satisfaction and more motivation to consistently produce for their employer.
Wiki User
∙ 10y ago
Wiki User
∙ 9y agoNon-financial incentives are gifts given to an employee and financial incentives is money given to an employee for doing a good job. Non-financial incentives do not raise moral like a money gift does.
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Incentive Travel Vacation travel arranged by or through an employer and awarded as a motivational bonus to qualifying employees or salespeople. Above taken from Answers.com
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Profit sharing is a way to encourage employees to do more and better work is known as.?
Incentive Pay
