Define difference between salary and incentive..

Answers were Sorted based on User's Feedback



Define difference between salary and incentive....

Answer / deepali

Salary is the payment (whether in money or other form) you
received or was granted for services you provided to your
employer.

Incentive is nothing but a motivational component which is
linked to the salary indirectly to earn more and achieve
the target which lead to personal growth in terms of
earning more income and professional growth as well..

Is This Answer Correct ?    48 Yes 2 No

Define difference between salary and incentive....

Answer / neha

salary is something get monthly. it is a fix one and it is
sure that employee will get that whether he willl do the
same work or not

but incentives are the motivation which helps to increase
the status of the employee and it is fluctuting and not
fix. it is depend on the performance of the employee

Is This Answer Correct ?    29 Yes 1 No

Define difference between salary and incentive....

Answer / guest

Salary is monthly wage for doing a specific job,
Where as incentiveis given on good performance .

Is This Answer Correct ?    19 Yes 2 No

Define difference between salary and incentive....

Answer / anu

Salary is the Fixed amount paid to the employee every month
for the services rendered by them.
Where else insentive is lumpsum , and it a source of
Motivating employees for performing more efficiently.

Is This Answer Correct ?    14 Yes 3 No

Define difference between salary and incentive....

Answer / yadavabhay

do incentive relates to any motivational factors to improve
productivity of the employee or worker ???? if it is than
what about salary??

Is This Answer Correct ?    9 Yes 2 No

Define difference between salary and incentive....

Answer / h. s. ahluwalia

A salary is a type of payment a person gets for work done
for a job. A salary is usually paid for a fixed period,
like a month or a week.

An incentive is any factor [financial or non-financial]
that enables or motivates a particular course of action, or
counts as a reason for preferring one choice to the
alternatives. It is an expectation that encourages people
to behave in a certain way.

Is This Answer Correct ?    8 Yes 1 No

Define difference between salary and incentive....

Answer / anjul sharma

salary is the fixed amount paid by the firm, whereas
incentive is other than salary. for eg providing free
educaton to the children of the workers, providing free
health care facilities for their family, etc. it is often
in case of mine workers.

Is This Answer Correct ?    16 Yes 10 No

Define difference between salary and incentive....

Answer / vijayarajan

Salary is a regular payment on regular intervals for the
services rendered by an employee whereas incentive is a
motivational payment made by the employer anticipating
better performance in future.

Is This Answer Correct ?    8 Yes 2 No

Define difference between salary and incentive....

Answer / saritha

Salary is an amount paid to the employees on monthly basis
for the services rendered by them, whereas Incentives are
paid based on their outstanding performance. For instance,
exceeding the expectations by the management by generating
more revenue to the organization.

Is This Answer Correct ?    6 Yes 1 No

Define difference between salary and incentive....

Answer / h. s. ahluwalia

Salary is a wage, pay or remuneration earned for work,
typically a monetary payment for services rendered, as in
an employment. A salary is a type of payment a person gets
for work done for a job. A salary is usually paid for a
fixed period, like a month or a week.

Incentive is a scheme to promote or encourage specific
actions or behavior of people during a defined period. An
incentive is a financial or non-financial factor that
enables or motivates an action. It is an expectation that
encourages people to behave in a certain way. Financial
incentive is used to motivate employees, in order to
attract more sales and retain customers.

Is This Answer Correct ?    4 Yes 1 No

Post New Answer

More Human Resources Interview Questions

In a room there are 3bulbs, and in the net room there are 3 switches. one can not see through the rooms, then how can you know that which switch is for which bulb with out taking any one's help?

5 Answers  


WHAT ARE 19 MODELS OF EDUCATIONAL COUNSELLING? What is the most essentila thing that you consider while formulating any HR policy? In any consulting firm, the time devoted doesn't matter. all that matters is the productivity. What kind of HR and leave policy will you formulate to ensure discipline and time line working along with the increased productivity what is databank in recruitment process why u choose MBA after sicence bacground in graduation what is patent rights and copy rights what is the difference between direct investment and FDI what is the difference between direct investment and FDI what is the difference between patent rights and copy rights what is quality of work life What is KRA and KPI? Wat is recruitment & How is the Recruitment Scenario in todays global market? what is meant by managerial grid why did u select HR as your carrier what is sensex and nifty,what is the difference between those two what is the difference between CEO,MD,PRESIDENT,CHAIRMAN why do u select to do MBA in HR after doing B.Sc in physics? what is the performance management and what are the methods to use in evaluating performance? What is Learning? Please do make a reply to this question: I am bored taking interviews. Please motivate me in taking interview of yours. Trade Unions? what is sensex and nifty,what is the difference between those two What are Incentives? What is Fringe Benefits? What is Employee Morale? what are your positives and negatives as a HR? What is the best way to develop pay systems that are understandable, workable, and acceptable to employees at all levels? What is Coordination? What is the Difference between salary and wage? what is ur great weekness what is the importance of hr in the life of business? What is wages? What are the key issues that should be addressed in the design, conduct, and evaluation of training programs? where u see yourself after 10 years As jobs become more team-oriented, assessment centers will be used more often for non-management jobs. Do you agree or disagree? What is HRD? What did you like in your previous job? What is Fringe Benefits? What are the latest employee evalution trends? What is the Difference between salary and wage? why do u select to do MBA in HR after doing B.Sc in physics? What is HCN?s? what is the importance of hr in the life of business? How much do you think we should pay you?Do you know how much other companies are paying? What is the best way to develop pay systems that are understandable, Workable, and acceptable to employees at all levels? Difference between Training and Development? What is Different between Recruitment and Selection What is "mutual gains negotiation"? Selection means? Trade Unions? what is 360 degree performance appraisal? what is meant by an organisation,explain me differently What is On the Job Training? Management Guru,Professor Lallus Rail , a book was written by? What is Workers Compensation? why should i select you? Roles and Responsibilities of a HR ? How much do you think we should pay you?Do you know how much other companies are paying? In a room there are 3bulbs, and in the net room there are 3 switches. one can not see through the rooms, then how can you know that which switch is for which bulb with out taking any one's help? Define Motivation? What are the key issues that should be addressed in the design, conduct, and evaluation of training programs? What is "mutual gains negotiation"? what is Persoanl Management? What is HRM? What are Incentives?

1 Answers   HP,


how can i join for summer training at Silicon Biztech Pvt Ltd,Gurgaon,Delhi

2 Answers   Silicon Biztech,


what is meant by human resources?

8 Answers   Infosys, Mobinil, TCS,


What are the key isssues that should be addressed in the design, conduct, and evaluation of training programs?

0 Answers  






in which ways should the work structure change to make it easier for employees to actively practise what she/he has learned form a training intervention?

0 Answers  


Dear Friends, I am having a 4+ years of experience in HR field and am planning to do SAP - HR general course (not the certification) but one of friend suggested me to go for SAP certification. But am confused whether to go for certification or general course?? If I have to do the certification how for its going to help?? How is the future for SAP CERTIFICATION?? NEED YOUR HELP, KINDLY ADVISE ME Best Regards Kiran M: +91 – 9632600115 Email: Kirankumar7782@gmail.com

0 Answers  


What is difference between Performance Management and Performance Appraisal?

0 Answers   Aditya Birla,


what difference between SHRM and HRM

2 Answers   Maruti Suzuki,


what is change management? what strategies do organisations adopt to manage change?

1 Answers  


WHAT R DIFFERENCE BEETWEEN ON JOB TRAINING AND OFF JOB TRAINING

6 Answers  


what are the new trends of human resources? name them.

3 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)