a. How effective are non-monetary incentives in relieving stress? Monetary incentives usually relieve stress instantly and temporarily. In order to keep productivity, this incentive is effective in short-term scheme. But, for long-term, non-monetary incentives such as awareness-raising workshop should be considered as well as providing monetary incentives program. In addition, monetary incentives may cause unfairness among employees. Contrary to that, non-monetary incentives are effective to relieve stress gradually in longer period of time. This solution …
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showed last 75 words of 331 total
…In today's business environment, what is the importance of a culturally diverse workforce? Individual values and attitudes have strong cultural foundation (Schermerhorn, Hunt and Osborn, 2005, P121), understanding cultural diversity is essential for effective management. "What proves 'motivational' as a reward in one culture might not work in another." (Schermerhorn, Hunt and Osborn, 2005, P121) Reference: J.R. Schermerhorn, J.G. Hunt & R.N. Osborn (2005). Organizational Behavior, 9th edition, John Wiley & Sons, Inc.