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Rewards that Motivate More than Money - Ideas for Leaders
Idea #146

Rewards that Motivate More than Money

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KEY CONCEPT

Non-financial rewards such as career-development opportunities and challenges and responsibilities have a much greater impact on staff motivation than salary and benefits. Cash and bonuses and a fair and transparent policy on pay are important to employees – so, too, are flexible benefits. But organizations need to take a ‘holistic’ view of compensation and think in terms of the ‘total rewards package’. Very few people are motivated solely by money.


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Idea conceived

January 1, 2013

Idea posted

May 2013
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