How can companies ensure that their non-monetary incentives are aligning with their overall organizational goals and values, and what strategies can they implement to create a cohesive and effective incentive program that drives employee motivation and retention?
Companies can ensure that their non-monetary incentives align with their organizational goals and values by clearly defining their objectives and values, and then designing incentives that support them. They can implement strategies such as conducting regular surveys and feedback sessions with employees to understand their preferences, offering a variety of incentives that cater to different needs and preferences, and tying incentives to specific performance metrics or achievements. By creating a cohesive and effective incentive program that is aligned with their goals and values, companies can drive employee motivation and retention, ultimately leading to a more engaged and productive workforce.
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