Incentives help the industries in several ways. Explain. - Vidyadip

Question

Incentives help the industries in several ways. Explain.

✓

Answer

Incentive incites action into employees.
They increase the enthusiasm of workers and motivate them to over-achieve organizational targets.
In lieu of incentives the employees remain loyal to their works and organization. This in turn reduce labour turnover.
Thus, incentives help industries in several ways.

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