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From course:

GCSE Business 2020-2022 OCR

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Question:

What are the 4 Methods of Motivation [Financial Methods]

Author: eric_galvao



Answer:

-Pay: This amount that is Given to the Employee on a Basis. Can be done Hourly, Weekly or Monthly -Fringe Benefits: Extra Money/Property given to the Pay [Example a Car] -Profit Sharing: Employees can gain a Percentage of the Businesses Profits -Bonus: More Payments given to Staff in their Pay. This can be because of Recent Success of the Business


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