Some of the most important nonmonetary approaches to enhancing motivation and helping drive successful strategy execution include
A) adopting promotion-from-within policies and acting on suggestions from employees.
B) providing attractive perks and fringe benefits.
C) creating a work atmosphere in which there is genuine sincerity,caring,and mutual respect among employees and management.
D) using frequent words of praise to recognize employees for commendable performance.
E) All of these choices are correct.

Question

Quizplus · Accepted Answer

Most successful companies make extensive use of nonmonetary incentives,which can include: (1) attractive perks and fringe benefits to improve employees' quality of life,reduce turnover,and curb absenteeism; (2) promotion-from-within policies to bind workers to the organization and incentivize good performance; (3) acting on suggestions from employees to empower a sense of ownership and boost productivity; (4) a work milieu in which there is genuine sincerity,praise,commendation,caring,and mutual respect to promote team-building and camaraderie; (5) information-sharing (transparency) with employees about financial performance,strategy,operational measures,market conditions,and competitors' actions,etc.,to build trust; and (6) attractive office spaces and facilities to boost morale.

Some of the Most Important Nonmonetary Approaches to Enhancing Motivation