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An incentive plan may consist of

This question belongs to Management Human Resource Management (HRM)
Human Resource Management (HRM)
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An incentive plan may consist of

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Correct Answer: Option C
An incentive plan may consist of both monetary and nonmonetary. Monetary rewards are the incentives which involve direct money to the employees. Non-Monetary rewards are the incentives which do not involve direct money to the employees. Non-Monetary rewards are usually given to all the employees of a certain level to offer them convenience and security.
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