can any one give me some ideas for Monetary or freedom rewards for a empolyee

Monetary:
a cash bonus
a paid vacation

Freedom:
an assigned parking spot
"casual Friday" every day
a personal computer upgrade

The list may be almost never ending.

You may add such items as:
matching pension
paternity leave
sick leave
holiday and other parties
use of a company car
payment for transportation
vacation
paid holidays
bonus
promotion
better title
new office with additional windows
discount on products sold by employer
use of facilities such as gym
health benefits
and on and on.