How can companies measure the success of their non-monetary incentives in improving employee morale and productivity, and what strategies can they implement to continuously enhance these incentives over time?
Companies can measure the success of their non-monetary incentives by conducting employee surveys, tracking key performance indicators related to morale and productivity, and analyzing retention rates. To continuously enhance these incentives over time, companies can regularly solicit feedback from employees, introduce new incentives based on employee preferences, and adjust existing incentives based on performance data. Additionally, companies can create a culture that values employee well-being and recognizes the importance of non-monetary incentives in driving motivation and engagement.
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