(i) Company’s decision of withdrawing the incentive schemes demotivates the workers, which affects the performance of workers.
(ii) Following steps can be taken to motivate workers:
(a) Provide financial incentives like bonus, perquisites, etc.
(b) Increase the wages of workers.
© Provide them opportunity for career advancement.
(iii) Values being ignored in this case are:
(a) Appreciation of hard work.
(b) Disregard for employees’ needs and profit making as the only concern of the company.