The Human Resources Department aims to be familiar with everything related to employees and shareholders in a particular sector or work. It is also concerned with employees and their needs and plays a major role in coordinating between employees and workers in the organization and external sectors as well. One of the most important matters for the employee is income or salary, which is money What a person earns every month in return for the work he performs in this institution or the service he provides, and in most cases, the employees differ from each other in the work force and the effort they make, so the institution resorts to offering the incentive method, which contributes to motivating employees and increasing their desire for Doing their work and being creative in presenting and performing it, rather this may push them to spend more effort and time in order to innovate and excel in their work, and there are many types of incentives, and the institution must determine the type of incentive before taking the next step, and we will talk in this article about the types of incentives in managing HR.

Types of incentives in human resource management

First: Incentives according to the nature of the incentive

material incentives

• Material incentives and financial rewards are among the most important types of incentives offered to employees.
• Money has become one of the most important necessities of life, and without it, we cannot live, especially in the difficult economic conditions we live in today.
• The material incentives are in two parts, either daily wage or monthly wage.
• Bonuses are added to the remuneration for the additional service provided by the employee, or because of the quality of service or work provided by the employee, or the additional time that the employee spends in his work after official working hours.

moral incentives

• Moral incentives contribute to increasing employee performance, as employers' appreciation and respect for employees are important to both parties.
• The involvement of employees in setting the goals of the organization is one of the most important forms of moral incentives.
• Praising the employee, thanking him, and acknowledging the effort he exerts is also one of the most important types of moral incentives.

Second: Incentives according to the beneficiary of the incentive

individual incentives

• This type of incentive depends on the performance of the individual per se and not the performance of the group or organization to which the individual belongs.
• Individual incentives are the most common type of incentives employers and managers use today.
• Individual incentives contribute to increasing competition between individuals and employees in the same organization or sector.

group incentives

• This type of incentive is used in the event that there is a difficulty in evaluating the individual performance of each employee in the organization.
• In this type of incentive, the reward is given to all individuals within the same group or organization regardless of the individual performance of each employee or person in that group.