monetary relating to moneyIndividual Incentives-incentive‐based pay plan that rewards individual performance.
Bonus-Individual performance incentive in the form of a special payment made over and above the employee's salary
nonmonetary not relating to moneyFlexible Hours.
Holidays.
Job Promotion
Recognition
Independence and Autonomy.
what is the difference between barter economy and monetary economy ?
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The difference between monetary and non-monetary incentives is in how you are paid. Monetary incentives include being paid in money with some type of pay raise, bonus, or other pay. Non-monetary incentives include other type of payment including job security, promotion, or a company car.
A bonus when used in employment is typically a monetary compensation. A fringe benefit is a bonus as well, but sometimes benefits are not monetary.
A good synonym for "incentive" is "motive".
monetary incentive is increase ammount of money in economy sector!
yes
An incentive is an usually monetary reward for performing a certain task.
There was monetary incentive. People wil do anything if they feel there is great reward.
what is the difference between barter economy and monetary economy ?
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The difference between monetary and non-monetary incentives is in how you are paid. Monetary incentives include being paid in money with some type of pay raise, bonus, or other pay. Non-monetary incentives include other type of payment including job security, promotion, or a company car.
Balance of Trade
Incentive....the workers were given added incentive to finish the job by being given a bonus if they worked over the weekend.impetus...the firestorms in southern California were given added impetus by the strong winds that were blowing through the area at the time.
Compensation is a systematic approach to providing Monetary rewards [Extrinsic rewards] => Direct ( Salary , bonuses , Incentive ) , Indirect => ( social security , pensions , insurance , paid leaves { trainning , sick days , vacations , holiday , rest periods , Legal advice , Elder care )& Nonmonetary rewards [Intrinsic rewards] ( Job security , Status symbol , Social Rewards ) to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction Physio .Яß ( Raheel . Baig )
A bonus when used in employment is typically a monetary compensation. A fringe benefit is a bonus as well, but sometimes benefits are not monetary.
incentive is usually pay above ur base pay and commission is a percentage of what the company makes that is ur pay... incentive u will draw a check even if u dont sell... commission u dont sell u dont get a check