Business GCSE
Financial and non-financial rewards
What Financial and non-financial rewards means in Business GCSE, as defined for AQA.
Definition of Financial and non-financial rewards
Check what you remember
Read the wording for your board, then hide it and explain Financial and non-financial rewards in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Money-based methods such as piece rate, commission, bonus, profit sharing and fringe benefits, alongside methods without direct payment such as job rotation, job enrichment, teamworking, autonomy and praise.
Topics that use Financial and non-financial rewards
- Motivating employees (AQA GCSE)
Related terms
- Commission
- Competitiveness and profitability
- Cost versus benefit of motivation methods
- Employee retention and productivity
- Fringe benefits
- Job design and employee responsibility
- Job enrichment
- Motivation
Using Financial and non-financial rewards in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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