Question

XYZ Ltd. follows a compensation policy that focuses solely on financial incentives as it believes that money is a great motivator. Despite receiving handsome salaries, several managers have recently resigned from the company.

Which one of the following is most likely the reason for their resignation?

विकल्प

• The managers are satisfied with only financial rewards.

• The managers are satisfied with non-monetary benefits.

• The managers feel that the monetary incentives are too high.

• The managers want both monetary as well as non-monetary incentives.

Answer 1

The managers want both monetary as well as non-monetary incentives.

Explanation:

Managers need more than just good salaries to stay motivated. They also expect non-monetary incentives like recognition, growth opportunities, job security, and a positive work environment. Since XYZ Ltd. focused only on financial rewards, these needs were unmet, leading managers to resign in search of a more balanced compensation system.