Advertisements
Advertisements
प्रश्न
In Saarthak Steel several initiatives have been taken to further improve the motivation levels of employees through designing jobs that include greater variety of work content, providing certain stability about future income and work, providing fringe benefits like housing, medical aid, etc., allotment of shares in line with various incentives. Identify and briefly explain the incentives being given by the organization to the employees.
Advertisements
उत्तर
Incentives being given by the organization to the employees are:
- Job enrichment: Job enrichment is concerned with designing jobs that include greater variety of work content, require higher level of knowledge and skill; give workers more autonomy and responsibility; and provide opportunity for personal growth and a meaningful work experience.
- Job security: Employees want their jobs to be secure. They want certain stability about future income and work so that they do not feel worried about these aspects and work with greater zeal.
- Perquisites: In many companies, perquisites and fringe benefits are offered such as car allowance, housing, medical aid and education to the children, etc., over and above the salary.
- Co-partnership/stock option: Under these incentive schemes, employees are offered company shares at a set price which is lower than the market price. Sometimes, management may allot shares in line of various incentives payable in cash.
APPEARS IN
संबंधित प्रश्न
Give any two characteristics of ‘Organisational Climate’ that influence the behaviour of individuals and act as a non-financial incentive?
Which of the following is a financial incentive
What is the effect of motivation on all the employees of an organisation?
|
Agrima, Arunima, and Avika are pursuing MBA from a reputed institution. Now it is the time for their placement. Agrima wants to work in a company that would provide her more authority for fulfilling her duties and will give recognition, rewards, perquisites, and prestige of the job. Arunima wants to work in an organization in which the behaviour of individuals is influenced by characteristics like autonomy, reward orientation, consideration of employees, risk-taking, etc. Avika wants to join an organization that has appropriate skill development programs and a sound promotion policy that encourages employees to exhibit improved performance. |
Identify and state the incentives about which Agrima, Arunima, and Avika are talking.
State any two financial incentives.
Gitanjali Makan is a successful business leader. She believes that if jobs are made interesting by including greater variety of work content and providing a meaningful work experience, the jobs themselves become a source of motivation to individuals.
The non-financial incentive that has been discussed in the above case is ______.
Which category includes incentives that are directly associated with money?
Which category includes incentives that satisfy psychological and social needs, not directly monetary?
Provident fund, pension, and gratuity are benefits included under which financial incentive?
Company car, furnished house, and medical facilities provided over and above salary are called:
What is the overall work environment and culture that affects employee motivation called?
Which non-financial incentive means the possibility of growth, promotion, and development within the organisation?
Making the job more interesting and challenging to increase employee satisfaction is known as:
Giving employees greater authority and responsibility to take decisions is called:
What is the nature of Financial Incentives?
Which needs are addressed by Financial Incentives?
Which set contains only examples of Financial Incentives?
Which set contains only examples of Non-Financial Incentives?
