Co-partnership/ Stock option: Under these incentive schemes, employees are offered company shares at a set price which is lower than market price.

Profit Sharing: Profit sharing is meant to provide a share to employees in the profits of the organisation

Bonus: Bonus is an incentive offered over and above the wages/ salary to the employees.

Status: In the organisational context, status means ranking of positions in the organisation. The authority, responsibility, rewards, recognition, perquisites and prestige of job indicate the status given to a person holding a managerial position.