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 other options.

Non-monetary Awards for Employees can Work Great

Non-monetary Awards for Employees can work great

Non-monetary rewards are gaining more and more popularity with organizations They can offer better results than monetary awards in form of greater engagement, higher retention, and increased productivity.

10 Best Non-Monetary Awards for Employee Recognition

10 Best Non-Monetary Awards for Employee Recognition

Non-monetary awards can provide a cost-effective way of assuring the employees that they are valued and appreciated for their hard work and contribution.