Incentives, Profit-Sharing and Bonus of Employees | HRM

In this article we will discuss about incentives, profit-sharing and bonus of employees. Incentives: It is a reward or encouragement or inducement to an employee for the hard work and efficiency at job, assigned by the organization. It is for motivating employees to do better and harder. OR Incentives are an additional remuneration payable to efficient workers for their meritorious [...]