Ayasha Ltd. assured their employees that inspite of recession no worker will be retrenched from the job.

(a) Name and explain the type of incentive offered to the employees.

(b) Explain one more incentive of the same category.

The type of the incentive offered to the employees is Job Security. It is one of the non-financial motivators:

(a) Job Security: Job security is an important non-monetary motivator. Security of job means a feeling of permanence and stability. For example, if an employee has a sense of fear or insecurity in his mind, that he can be removed from his job any time, he will never work wholeheartedly and this worry continues troubling him. On the other hand, if he has a feeling that his job is secure and permanent and he cannot be removed from his job easily, he will work without any worry and with an easy mind. Consequently, his efficiency increases. This is the reason why people prefer a permanent job with less salary to a temporary job with more salary.

(b) Employee Participation: Employees get encouraged to notice their participation in managerial works. Therefore, they offer their full cooperation in making successful the policies prepared with their help.