Non-monetary Rewards In An Organization

manthassv
Hi,
I am working on an assignment. Appreciate your help.
As part of employee motivation and retention strategy, what could be some of the non-monetary rewards that an organization can think of for their employees
Regards
Shyam S Mantha
magoopreeti
Hi Shyam,
I feel that for employee motivation and recognition, we can have Certificates of Recognition like Best Employee, Best Performer, etc. along with momentos for the employees.
These non-monetary rewards serve as a big motivating factor for employees and are with them for lifelong.
Thanks
Preeti
Anjaliverma
Dear Shyam,
You can have programs like Shabash or Puraskar to facilitate the employee who has done a good job.It will keep the employee morale and his prestige high and am sure every one like to be praised.It really works wonders.
Regards,
Anjali
manthassv
Thank you Anjali. You are right. people like to be appreciated for their good work. Recognition among team and superiors makes lot of difference..
Thanks again
Shyam
akhiil mittal
Hi Shyam
I like the idea of giving awards but you can also use designation as a way to keep them happy. Create interesting and important sounding designation and add more levels so that people feel important and rewarded.
Regards
Akhiil
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