Non-Financial Incentives

Explain Non-Financial Incentives

some employees are motivated beyond money and they rather focus on being rewarded through a sense of achievement, recognition, and responsibility from their job

Explain Skill Improvement Training

it’s a job enlargement/rotation that provides workers with a greater variety of tasks

Advantage of Skill Improvement Training

the working week becomes less repetitive

Disadvantage of Skill Improvement Training

the business workforce is less specialised in a specific area

Define a Reward

a reward is when an employee receives something tangible in return for individual performance

Explain a Reward

it depends on the individual, but it can include a bigger office, higher status, more responsibility etc.

Describe Recognition

many employees need recognition from their employers to produce quality work as it makes them feel good and encourages them to continue to work hard