Question

Explain 5 monetary motivation for an Indonesian employee?

Answer 1

Some of the monetary motivation for the Indonesian employee are,

• Employee’s working hours are 40 hours per week. In case any employee works for more than 40 hours in a week then he or she can be offered with the extra enumeration for working overtime.
• Employee can be awarded as group incentive when a project work together as a team.
• In order to protect social security some of the monetary incentives included are occupational or work insurance, life insurance and pension or old age insurance, etc.
• Health insurance to employees who continue to work.
• Some of the tax saving schemes in terms of monthly taxes can give back monetary assistance, such as corporate incomes tax art 25(PPh 25) and Employee withholding tax art 21(PPh 21).
• Leave policies which offer monetary benefits to the employee. In case employee is not able to consume his or her annual leave within a year then the balance leaves can be converted into monetary incentives for emmployees.