MOTIVATION

Question 1

Incentive schemes

Answer 1

programmes that provide extra rewards for good work

Question 2

annual bonuses

Answer 2

extra money for good work

Question 3

motivation staff

Answer 3

encourage employees to want to work harder

Question 4

non-cash rewards

Answer 4

bonuses that do not involve money

Question 5

improve performance

Answer 5

make people work more efficiently

Question 6

boost staff morale

Answer 6

make employees feel better about themselves and their work

Question 7

foster company loyalty

Answer 7

encourage commitment to the company

Question 8

achievement

Answer 8

something done well by your own effort or skill

Question 9

recognition

Answer 9

praise and reward for something you have done

Question 10

benefit

Answer 10

be useful to someone or improve their life in some way

Question 11

profit-sharing scheme

Answer 11

is an incentivized compensation program that awards employees a percentage of the company’s profits

Question 12

fulfilment

Answer 12

the achievement of something desired, promised, or predicted.

Question 13

compensation plan

Answer 13

refers to all the components of a compensation package (wages, salaries, and benefits), the manner in which it will be paid, and for what purpose employees receive bonuses, salary increases, and incentive

Question 14

non-contributory pension play

Answer 14

non-contributory pension is also a State pension but it differs to a contributory pension in that it is residency based and is a means-tested payment for people aged 66 or over who do not qualify for a contributor