CBSE Class 12 Business Studies 2019 Outside Delhi set 2

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Question : 5 of 17
 
Marks: +1, -0
SECTION-B

Explain 'Organisational Climate' and 'Job Enrichment' as non-financial incentives.
Solution:
Non-financial incentives are factors other than money like status, recognition in the society and a sense of accomplishment. Such incentives include:
(i) Organisational Climate: Organisational climate implies encouraging employee's participation in management's decision and enabling a two-way communication. Businesses can create an environment that enables employee participation/empowerment, feedback and recognition.
(ii) Job Enrichment: Job enrichment means increasing the content and responsibilities of a job that leads to upgradation of scope and challenges. Employees prefer job enrichment as the job becomes more challenging and can increase satisfaction and motivational levels among them.
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