Financial incentives are
A)different from monetary rewards
B)the same thing as a salary element
C)provided to all employee groups.
D)available to top management whose performance exceeds targeted objectives

Question

Quizplus · Accepted Answer

Financial incentives usually refer to performance-based compensation that is separate from a base salary or wage. These incentives are typically provided to individuals or groups who exceed targeted objectives or achieve specific goals. Therefore, it is usually only available to top management or high-performing employees, rather than provided to all employee groups. Monetary rewards, on the other hand, can refer to any type of financial compensation, including base salary, bonuses, or other forms of compensation.

Financial Incentives Are