Question

State two examples of non-monetary incentives.

Hint:

Non-monetary incentives such as recognition and career development opportunities can enhance employee satisfaction and performance.

Answer 1

Non-monetary incentives are rewards or motivators that do not involve money but encourage desired behavior. Below are two examples of non-monetary incentives: Step 1: Recognition and Praise.
Publicly recognizing an employee’s hard work or contribution through awards, certificates, or verbal appreciation boosts morale and motivation. Recognition is a powerful non-monetary incentive, as it fulfills the need for acknowledgment and respect.
Step 2: Career Development Opportunities.
Providing employees with opportunities for training, workshops, skill enhancement, or promotions is a great non-monetary incentive. It encourages them to improve their abilities and grow within the organization.