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Journal of Management Research and Analysis


Monetary and non monetary incentives in LIC of India and its impact – a case study of Ranchi District


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Author Details : Amar Kumar Chaudhary, Snigdha Ghosh

Volume : 4, Issue : 3, Year : 2017

Article Page : 112-116


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Abstract

The purpose of the study was to ensure the impact of monetary and non-monetary incentives on agents in LIC of India, Ranchi. To indicate the difference of employee attitudes related to job satisfaction and incentives on some demographical variables. The results of the study indicated that extra pay, bonuses, a The results showed a significant effect of both monetary and non-monetary incentives for better job performance and inducement pay had a positive linkage with motivation, performance, and satisfaction.

Keywords:
Monetary incentives, Job satisfaction, Job motivation, Work performance

How to cite : Chaudhary A K, Ghosh S, Monetary and non monetary incentives in LIC of India and its impact – a case study of Ranchi District. J Manag Res Anal 2017;4(3):112-116

Copyright © 2017 by author(s) and J Manag Res Anal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC-BY-NC 4.0) (creativecommons.org)