Motivation part-3 | Rewards and Incentives | Chapter-7 | Business Organisation & Management | Sem 1

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Welcome to **CWG for BCOM**, India’s trusted learning channel for BCom & BBA students.
This video covers *Motivation – Part 3**, focusing on **Rewards and Incentives**, an important section of **Chapter-7* from Business Organisation & Management (Semester 1).
All concepts are explained with practical examples and simple language to help you score full marks in exams.

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📌 *Topics Covered in This Video*

✅ *1. Meaning of Rewards & Incentives*

• What are incentives?
• Purpose of offering rewards
• Role of rewards in employee motivation

✅ *2. Types of Incentives*

*A. Financial Incentives*

✔ Salary & Wages
✔ Bonus
✔ Profit Sharing
✔ Commission
✔ Dearness Allowance
✔ Overtime Payments
✔ Retirement Benefits
✔ Stock Options (ESOPs)

*B. Non-Financial Incentives*

✔ Recognition & Appreciation
✔ Job Security
✔ Career Advancement
✔ Training & Development
✔ Employee Participation
✔ Good Working Conditions
✔ Status & Prestige
✔ Job Enrichment / Job Enlargement

✅ *3. Distinction Between Financial & Non-Financial Incentives*

• How each type motivates employees differently
• When each type works best

✅ *4. Importance of Rewards & Incentives*

• Improving productivity
• Increasing employee satisfaction
• Reducing labour turnover
• Creating positive work culture

🎯 *Exam-Oriented Highlights*

• Short notes
• 3–4 marks important questions
• 6–8 marks long-answer pointers

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🎯 *Best For*

✔ BCom Sem-1 Students
✔ BBA Sem-1 Students
✔ DU / SOL / IGNOU / All Universities
✔ Students preparing for internal + final exams

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📒 *Notes & PDF*

All notes available on *Commerce Wale Guruji App*
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📺 *Related Videos*

🔹 Motivation – Part 1: Meaning, Importance
🔹 Motivation – Part 2: Theories of Motivation
🔹 Organising – Part 1 & 2
🔹 Planning – Part 1 & 2
🔹 Entrepreneurship – Complete Series
🔹 Business Environment – Full 3 Parts
🔹 Organisation – Part 1 & 2

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