How can companies strike a balance between offering personalized non-monetary incentives to individual employees while also maintaining a sense of fairness and equality within the workplace?

Performance-Based Incentives
Companies can strike a balance by ensuring that non-monetary incentives are based on performance and accomplishments rather than personal preferences. They can establish clear criteria and guidelines for awarding these incentives to ensure fairness and transparency. Additionally, companies can rotate the types of incentives offered to different employees to prevent favoritism and promote equality. Regularly soliciting feedback from employees on the effectiveness and perceived fairness of the incentive programs can also help companies make adjustments as needed to maintain a sense of fairness and equality in the workplace.