Non-monetary incentives in corporate Greece

Abstract

The purpose of the present study is to identify which non-monetary incentives can be considered antecedents of the development of two main job attitudes, job satisfaction and organizational commitment, and its constituents, affective and normative commitment. The investigation was conducted by the help of a survey, in which 144 employees working in private organizations of different business sectors and of various sizes in Greece completed a structured questionnaire. Using factor analysis four groups of incentives were formed and using regression analysis the impact of each predictor on job attitudes was assessed. The findings suggest that different sets of incentives play a role in shaping each job attitude. Management can utilize these findings to further develop their human resources management systems to improve motivation, satisfaction and retention of their employees.