What Are The Different Types Of Incentives
What are the different types of incentives given for work motivation
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Incentives are divided into 3 broad categories:
Remunerative incentives (or financial incentives): Where people get some sort of material reward especially in terms of money.
Moral incentives: Where person get sense of self-respect and satisfaction or even admiration from her community.
Coercive incentives: Where a person knows that the failure to act in a particular manner will cause physical power being used against them.
Remunerative incentives (or financial incentives): Where people get some sort of material reward especially in terms of money.
Moral incentives: Where person get sense of self-respect and satisfaction or even admiration from her community.
Coercive incentives: Where a person knows that the failure to act in a particular manner will cause physical power being used against them.
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