incentives - statutory right

If at all the conditions for the incentive is fulfilled , it becomes statutory .

Hi Ashok,

Imagine all your employees working towards a common goal. Think of how much more productive your Company will be when they all do their individual roles properly without you breathing down their necks.

Motivation is important in keeping employees and getting them to perform above average. You do not want employees to resign just because they feel like they are in a rut or worse give very little effort seemingly just waiting for their pay checks.

Motivating employees can be done in a lot of ways, some more expensive than others but all quite effective. As long as you are willing to invest time or resources you can start motivating employees.

Incentives

The most common way of motivating employees is giving them an incentive. In a simple analogy incentive motivation is:

Do X work and you will get X rewards

Rewards can be in the form of money, items, or events. A performing employee can receive a pay raise which not only keeps him or her performing well but gets others to perform as well so they can get their own pay raises. You may also give rewards such as books, electronic gadgets, even movie tickets as special rewards for doing a great job. You can also throw parties or cook offs just to show how much you appreciate what your employee has been contributing to your Copmany.

It is my considered veiw that when you asked your employee to do this work you would get this much money or amount in that case you are bound to pay the same and it became their staturoy right.

You never hold the same as against the principal of natural justice.

Regards

Basavaraj.R