Wednesday, 18 August 2021

Non-Monetary Rewards

Types of Non-Monetary Rewards

(Benefits and Services)

Ø  Treats

o   Free Lunches

o   Festival Bashes

o   Coffee breaks

o   Picnics

o   Dinner with boss

o   Dinner for Family

o   Birthday Treats

Ø  Knick- Knacks

o   Desk accessories

o   Company watches

o   Tie-pins, brooches

o   Diaries/planners

o   Calendars

o   Wallets

o   T-shirts

Ø  Awards:

o   Trophies

o   Plaques/ Plates, medal

o   Citations

o   Certificates

o   Scrolls

o   Letter of appreciation

Ø  Office Environment

o   Redecoration

o   Office with window

o   Piped Music

o   Flexible Hours

Ø  Social Acknowledgement

o   Informal recognition

o   Recognition at office get-togethers

o   Friendly greetings, smiles, e-mails

o   Solicitation of advice, suggestions

o   Membership of recognition clubs

o   Use of company facilities for personal projects

Ø  Tokens:

o   Movie Tickets

o   Vacation Trips

o   Coupons redeemable at stores

o   Early Time-offs

o   Anniversary, dating, and birthday allowances/ presents

Ø  On the Job

o   More responsibility

o   Job rotation

o   Special assignment

o   Training

o   Representing the company at public fora

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