Question

Aashita Ltd. Assured their employees that in spite of the recession, no workers will be retrenched from their jobs. Name and explain the type of incentive offered to the employees.

Answer 1

The type of incentive offered to the employees is job security. It is a non-financial incentive. In order to fulfil their safety needs, the employees want certain stability about future income and work. As a result they feel motivated and give better job performance.