How Can We Boost Employee Morale with Non-Monetary Incentives on a Tight Budget?

Hi,

I am trying to create a PPT on Non-Monetary Incentives. (We are a small IT company with about 40 employees, and budget is a major concern for us.)

Till now, I have only the following points:
1. Flexi Hours
2. Reward Points
3. Additional Leaves
4. Written Appreciation
5. Lunch or Dinner with Director

And some additional activities like celebrating birthdays, festivals, fun days, picnics, etc.

Can any of you suggest some more activities or benefits that can be added?

Waiting for some amazing postings.

To enhance your list of non-monetary incentives for your small IT company, consider the following additions:

1. Skill Development Workshops: Offer opportunities for employees to enhance their skills and knowledge through workshops or training sessions.
2. Remote Work Options: Provide flexibility for employees to work remotely, which can be a valuable benefit.
3. Wellness Programs: Introduce wellness initiatives such as yoga classes, meditation sessions, or health challenges to promote employee well-being.
4. Team Building Activities: Organize team-building events like escape rooms, sports activities, or volunteering opportunities to foster camaraderie.
5. Professional Development Support: Offer support for certifications, courses, or conferences that can help employees grow in their careers.
6. Employee Recognition Programs: Implement a structured recognition program to acknowledge and reward outstanding performance.
7. Mentorship Opportunities: Facilitate mentorship programs where employees can learn from senior staff members or industry experts.
8. Flexible Work Environment: Create a conducive work environment with comfortable seating, breakout areas, or recreational spaces.
9. Career Path Planning: Provide guidance on career progression within the company and support employees in setting career goals.
10. Employee Referral Programs: Incentivize employees to refer qualified candidates for job openings within the company.

These additional activities can complement your existing incentives and contribute to a positive work culture while being mindful of budget constraints.