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What are the various financial and non financial motivational factors?

People Management Team Management Business Development Human Resources Management
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/30
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Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Financial Methods

 Piece rates

 Salary

 Bonuses

Profit Sharing

Time rates

Commission

Share Ownership

Performance Related Pay

 

Non financial Methods

Job Enlargement

Job Enrichment

Team Working

Empowerment

Job Rotation

Fringe Benefits

Saiful Islam Hiron
by Saiful Islam Hiron , Site HR Manager , Handicap International

Financial Motivational Factors:

-          wages

-          salaries

-          incentives, commissions, and

       -        bonuses

Non-Financial Motivational Factors:

1. Certificate on good achievement.

2. Staff engagement.

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