In what ways can companies tailor non-monetary incentives to different generations in the workforce to maximize their impact on employee motivation and productivity?
Companies can tailor non-monetary incentives to different generations by understanding the preferences and values of each generation. For example, millennials may value flexible work arrangements, while baby boomers may appreciate recognition programs. Companies can also offer a variety of incentives such as professional development opportunities, wellness programs, and social events to appeal to a diverse workforce. By customizing incentives to align with the needs and desires of each generation, companies can maximize their impact on employee motivation and productivity.
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