What are the benefits of non-monetary incentives for employees?
Non-monetary incentives can boost employee morale, enhance job satisfaction, and improve retention rates.
Can you give some examples of non-monetary incentives?
Sure! Examples include recognition programs, flexible work hours, professional development opportunities, and team-building activities.
How do these incentives affect employee performance?
They can lead to increased motivation, higher productivity, and a stronger sense of loyalty to the company.
Are there any downsides to using non-monetary incentives?
While they are generally positive, if not tailored to individual preferences, they may not be effective for everyone.
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