In what ways do non-monetary incentives like team-building activities and wellness programs help to improve employee retention and loyalty within a company?

Non-monetary incentives like team-building activities and wellness programs help to improve employee retention and loyalty within a company by fostering a sense of belonging and camaraderie among employees. These activities create a positive work environment, boost morale, and improve overall job satisfaction. By investing in employee well-being and promoting a healthy work-life balance, companies can show that they value their employees, leading to increased loyalty and reduced turnover rates.

Keywords

non-monetary incentives employee retention loyalty team-building activities wellness programs

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