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3 Non-Monetary Incentives for Employees

Hppy

You can reward them with cash bonuses and other monetary compensation types. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation. Just like monetary incentives, these incentives show that you care about employee growth and well-being.

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8 Best Non Monetary Incentives

Best Of HR

8 Best Non Monetary Incentives In the quest to boost employee motivation and retention without tapping into financial resources, we’ve gathered insights from CEOs and founders on effective non-monetary incentives. We support staff in recruiting, joining industry boards, speaking at conferences, and publishing thought-leadership.

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Employee bonus programs: What’s right for your company?

Insperity

A thoughtful, high-value employee bonus program can help make the difference between struggling to recruit and retain talented employees , and having a workplace that employees never want to leave. For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates.

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Wellness Programs Matter. Here’s How We Set Them Up for Success

Kazoo

We do that by offering Incentives for things that reinforce company values and goals, or healthy behaviors and exercise. Some of those bonuses are about maintaining general health, like getting teeth cleanings, eye exams, a physical or a flu shot, and even keeping your workspace clean. Learn about Kazoo’s Incentives tool.

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What are employee wellness initiatives? (Plus, 5 key initiatives for your team)

Best Money Moves

Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. Fitness classes and health education Encouraging your employees to exercise can positively impact both their physical and mental health. Here are 5 key initiatives to try for your team.

Wellness 101
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5 Ways Employee Recognition Software Pays for Itself

Kazoo

One transportation company used Kazoo to give retention bonuses and incentivize cost-saving behavior and saved more than $700,000 in the first year. Employee recognition software that includes incentive features can dramatically boost participation in training programs. Employee Recognition Software Lowers Recruitment Costs.

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7 Ways Insurance Companies Can Improve Employee Retention

HR Management

Recruiting top talent Attracting and maintaining top talent is an ongoing issue in today’s competitive labor market. Insurance benefits attract bright people and provide a significant incentive for them to stay with the firm in the long run. Employees are offered competitive pay for their skills and experience.