Non-economic incentives are intangible motivators that encourage favorable behavior and performance without providing direct financial compensation.
Examples of Non-Economic Incentives:
Appreciation:Recognizing employees for their contributions (e.g., public acknowledgment or awards).
Status:Offering titles, roles, or responsibilities that elevate an employee’s position or reputation.
Professional Development:Providing opportunities for skills enhancement, training, or career growth.
Why Option A is Correct:
Option A includes intangible motivators like appreciation, status, and professional development, which are true examples of non-economic incentives.
Option B lists financial incentives.
Option C focuses on short-term rewards, which are more tangible than non-economic.
Option D refers to employee benefits, which are economic in nature.
Relevant Frameworks and Guidelines:
ISO 30414 (Human Capital Reporting):Highlights the role of recognition and development in motivating employees.
In summary, non-economic incentives such asappreciation, status, and professional developmentare effective tools for encouraging favorable conduct and fostering engagement.
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