What are some effective non-financial incentives for employees?
Non-financial incentives can include recognition programs, flexible work arrangements, and opportunities for professional development.
Can you give me some case studies where these incentives worked?
Sure! One case study involved a tech company that implemented a peer recognition program, leading to a 20% increase in employee satisfaction.
What about flexible work arrangements? Any examples?
Yes! A marketing firm allowed remote work options, resulting in higher productivity and lower turnover rates.
How do these incentives compare to financial ones?
Non-financial incentives often foster a stronger company culture and employee loyalty, while financial incentives can drive short-term performance.
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