Incentives Quick Check Which incentive is non-monetary?

1 answer

Non-monetary incentives are rewards that do not involve direct financial compensation. Examples include:

  • Recognition and praise (like employee of the month awards)
  • Additional responsibilities or opportunities for professional development
  • Flexible working hours or remote work options
  • Extra time off or vacation days
  • Team-building activities and events
  • A positive work environment or culture
  • Opportunities for skill development and training

Among these, recognition and praise (like employee of the month awards) is a classic example of a non-monetary incentive. If you need more specific information or examples, feel free to ask!