How can employers create a culture of appreciation and recognition in the workplace to enhance employee morale and productivity without relying solely on monetary rewards?

Employers can create a culture of appreciation and recognition in the workplace by implementing non-monetary rewards such as public recognition, flexible work arrangements, opportunities for professional development, and meaningful feedback. Encouraging open communication and creating a supportive work environment where employees feel valued and heard can also boost morale and productivity. Additionally, fostering a sense of teamwork and collaboration, providing opportunities for employees to contribute ideas and take on new challenges, and celebrating milestones and achievements can further enhance employee engagement and motivation.