How can companies ensure that their non-monetary incentive programs are aligned with the values and goals of their employees, in order to maximize the impact on performance and morale?
To ensure non-monetary incentive programs are aligned with the values and goals of employees, companies can start by conducting surveys or focus groups to understand what motivates their employees. They can also involve employees in the design and implementation of incentive programs to ensure they are meaningful and relevant. Regular feedback and communication with employees can help companies make adjustments to the incentive programs to better align with employee values and goals. Additionally, linking the non-monetary incentives to specific performance metrics and goals can help maximize the impact on performance and morale.
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