Financial And Non-Financial Incentives: Enhancing Employee Performance In Start-Ups

Abstract

This paper attempts to study the role of financial and non-financial incentives on the performance of the individuals working in startups. A start-up working model is completely different from a well-established firm thus the needs of employees differ too. The study reveals employees prefer non-financial incentives and growth over financial incentives. As startups provide great opportunity for employees to develop entrepreneurial skills they give due importance to both financial and non financial incentives.