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Promotions and compensation increases are great ways to show employees that they’re valued, but they aren’t always enough.
According to a recent report from workplace insight platform Gallup, 65% of employees prefer non-monetary incentives instead of monetary rewards, meaning that if employers want to retain talent,they have to think beyond raises, gift cards and cash bonuses. But what does “non-monetary” specifically entail — and can those rewards really be just as valuable?
Paola Peralta is an Associate Editor at Employee Benefit News and has been with the team for five years. She is a proud UCF journalism graduate who got her start through a Dow Jones News Fund … Read full bio
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