JURUTERA DAN

MASYARAKAT
SECTION 4
PM DR ANIKA ZAFIAH BINTI MOHD RUS
TITLE : INCENTIVE AND REWARDS

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INCENTIVES AND REWARDS

One of effective ways of motivating employee in a

workplace

Win-win situation between employer and employee.

Why? Because both parties enjoy a positive and
productive work environment.

How they achieve win-win situation? Rewards give

increment to employer in term of morale and job
involvement in companys activities thus increasing the
companys productivity.

Type of Incentives and

Rewards

Monetary

Non-monetary

Employee Recognition

Employee Assistance

Monetary

Rewards workers through money. These incentives

include employee stock options, profit sharing plans,
paid time off, bonuses and cash awards. Additional
monetary incentives include annual or semi-annual
bonuses, such as mid-year and end-of-year rewards.

Non-Monetary

Through perks and opportunities.

These rewards include flexible work

opportunities and the ability to work
The rewards and incentives are valuable
because they allow workers to learn
pursue advancement opportunities.

hours, training
independently.
to an employee
new skills and

Employee Recognition

Employee recognition is an incentive employers utilize

to offer feedback and encouragement to employees.
Employee recognition rewards include verbal praise,
award ceremonies and public announcements for a job
well done. Workplace recognition rewards occur
frequently such as at the end of the day, week or at the
conclusion of the sales month.

Employee Assistance

Many employers offer rewards and incentives through

employee assistance programs. These programs help
workers maintain a balance between work and home
life by supporting workers' mental and physical wellbeing. For example, many programs provide counselling
services to help cope with stress, family issues and
substance abuse

Offer discounts to join fitness centres to encourage an

active and healthy lifestyle

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