Practicing Success
State, which of the following combinations are correct for "Non-financial incentives": A. Job enrichment, status B. Organisational climate, career advancement opportunities. C. Retirement benefits, perquisites D. Stock option, employment recognition programmes E. Bonus, perquisites Choose the correct answer from the options given below : |
B and C only C, D and E only A and C only A and B only |
A and B only |
The correct answer is option (4) : A and B only 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 the opportunity for personal growth and a meaningful work experience. If jobs are enriched and made interesting, the job itself becomes a source of motivation to the individual Status: In the organisational context, status means ranking of positions in the organisation. The authority, responsibility, rewards, recognition, perquisites and prestige of job indicate the status given to a person holding a managerial position. Psychological, social and esteem needs of an individual are satisfied by status given to their job Career Advancement Opportunity: Every individual wants to grow to the higher level in the organisation. Managers should provide opportunity to employees to improve their skills and be promoted to the higher level jobs |