Why ‘Cash is not the King’ when it comes to Employee Rewards

Why ‘Cash is not the King’ when it comes to Employee Rewards

Traditionally, regarded as a ‘no-brainer’ form of reward, cash rewards are falling out of favor of employees, reducing their impact on employee motivation. It is time for organizations to move away from the tradition of cash rewards and consider adopting more diverse forms of non-monetary rewards that are likely to be more effective in driving employee motivation.

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