Some of the monetary rewards, which are given by the
organization are:-
⦿Profit sharing.
⦿Stock options.
⦿Bonuses.
⦿Commissions.
⦿Retirement Benefits.
CHANDNI
ADVANTAGES OF
MONETARY REWARDS :
•Boosts employee morale.
•Employee retention.
•Direct motivation.
•Improves the workingenvironment.
CHANDNI
Some of the Non-monetary Rewards, which are
given by the organization are:-
⦿Promotions.
⦿Food coupons.
⦿Company uniforms.
⦿Flexible timings.
⦿Healthcare Benefits.
⦿Life insurance policy.
CHANDNI
ADVANTAGES OF
NON-MONETARY REWARDS
•Equality with employee.
•Indirectly motivation.
•Reduce conflicts and healthy relationship with
employees.
CHANDNI