Monetary and non-monetary incentives are:
A) basically the same things.
B) perfect substitutes.
C) mutually exclusive.
D) not mutually exclusive.

Question

Quizplus · Accepted Answer

Monetary and non-monetary incentives are not mutually exclusive. In fact, they can often work together to create a more effective incentive program. Monetary incentives, such as bonuses or raises, are tangible rewards that employees receive for achieving certain goals or performing well. Non-monetary incentives, such as recognition or flexible work arrangements, are intangible rewards that can also motivate employees. By combining both types of incentives, employers can create a well-rounded incentive program that appeals to a variety of employees with different needs and preferences.

Monetary and Non-Monetary Incentives Are