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6. Reward systems and motivation (Connect) Shutterstock Images At Southwest Airlines, employees participate in every decision
NACCO believes that employees will work most effectively when all employees benefit directly from the organizations success.
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Answer #1

1. Employees Stock Option

Under this, organization encourages its staff or personnel to buy the share.

2. Profit Sharing

It is incentive plan which involves direct or indirect payment to employees depended on company's profitability

3. Merit pay

Pay related to bonus and incentive as per the performance and targets achieved by employees

4. Gainsharing

It is higher degree of performance by participation of the employees in a team.

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