Authors : Soma Dwijodas Ghosh

Volume/Issue : Volume 9 - 2024, Issue 6 - June

Google Scholar : https://tinyurl.com/5n6dwpcr

Scribd : https://tinyurl.com/52j8e2te

DOI : https://doi.org/10.38124/ijisrt/IJISRT24JUN119

Abstract : India implemented fresh economic changes in 1991. One of the key components of this new economic strategy is privatisation. When a government-owned enterprise, activity, or piece of real estate is acquired by a private, non-governmental entity, this is known as privatisation. A corporation going from being publicly traded to being privately held is referred to as privatising. The primary flaw in the previously mentioned idea is job uncertainty. The likelihood that a person will remain employed is known as job security; a position with strong job security means that the likelihood of a person losing their employment is low. One of the most important non-financial motivations is job security. Any action designed to encourage someone to raise their level of performance is considered an incentive. The intangible rewards that don't require money are known as non-financial incentives. In addition to material and long-term security demands, people also have psychological, social, and emotional requirements. Meeting these requirements is crucial to their motivation as well. Non-financial incentives are primarily concerned with meeting these demands, which makes it impossible to quantify them in monetary terms. Through this study, the researcher hopes to learn more about how a teacher's performance is affected by their job stability. In summary, information was gathered using a questionnaire. When workers feel safe in their positions, their stress and anxiety levels drop, employee involvement in the company rises, etc., they feel appreciated. Consequently, there is a strong and favourable link between job security and performance of a teacher.

Keywords : Non- Financial Incentives, Motivation, Job Security, Job Satisfaction and Employee Performance.

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