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

Amar Kumar Chaudhary · Snigdha Ghosh

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Employee Performance and Management Job Satisfaction and Organizational Behavior Employee Performance and Motivation

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

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