Incentives Vs. Salaries - Human Resource Practice with Multivariate Analysis

Multivariate analysis using SmartPLS 3.3.3 is executed to assess the measurement model and structural model to analyze the covariance between the constructs, as to arrive at a cost-effective solution. The outcome of research claims that it is an ideal practice to implement task-based incentives in organizations rather than paying fixed salaries irrespective of the size or productivity of companies.