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Drag each incentive to the correct location on the chart.
Nick has been hired as the marketing director of a sporting goods manufacturing company. Classify his new job incentives as monetary or nonmonetary.
salary increase
flexible work schedule
commission on every sale
stock options
reduced work hours
friendly coworkers

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Answer:

Monetary incentives have to do with cash compensation whereas non-monetary incentives do not include cash but rather work on providing a fulfilling experience for the employee. Research indicates that both are necessary for job satisfaction.

Monetary Incentives

  • Salary increase
  • Commission on every sale
  • Stock options.

Non-monetary incentives

  • Flexible work schedule
  • Reduced work hours
  • Friendly coworkers.

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