The correct answer is option 4- Challenging job.
Challenging job is a non financial incentive. All other are financial incentives.
OTHER OPTIONS
- Bonus: Bonus is an incentive offered over and above the wages/ salary to the employees.
- Co-partnership: Under these incentive schemes, employees are offered company shares at a set price which is lower than market price. Sometimes, management may allot shares in line of various incentives payable in cash. The allotment of shares creates a feeling of ownership to the employees and makes them to contribute for the growth of the organisation.
- Provident fund- Several retirement benefits such as provident fund, pension, and gratuity provide financial security to employees after their retirement. This acts as an incentive when they are in service in the organisation.
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