As far back as 1966, Basu (1966:293) distilled the concept incentive into two categories namely economic and non-economic incentives. Economic incentives refer to payment received by an employee for work done, while non-economic incentives refer to stimuli such as job security, responsibility, recognition, opportunity for advancement, participation in decision-making and friendly supervision. Essentially Basu is saying that incentives are external factors which the individual perceives whether rightly or wrongly as possible satisfiers of his felt needs. However, these incentives must hold some value propositions to the employee so as to enable him