How can companies measure the impact of their non-monetary incentives on employee motivation and satisfaction, and use this data to continuously improve their incentive programs over time?

Companies can measure the impact of their non-monetary incentives on employee motivation and satisfaction by conducting surveys or feedback sessions to gather employee opinions on the effectiveness of the incentives. They can also track key performance indicators such as employee engagement levels, productivity, and retention rates before and after implementing the incentives. By analyzing this data, companies can identify trends and patterns to understand what incentives are working well and which ones need improvement. This information can then be used to make informed decisions on adjusting or introducing new incentives to better meet the needs and preferences of employees, ultimately leading to a more effective incentive program over time.