Essay Title: 

Non-Monetary Rewards In The Workplace

March 24, 2016 | Author: | Posted in social sciences, sociology

This kind of reward is commonly given to innovative and creative employees who always have new ideas to contribute to product development and productivity

Independence and Autonomy

Exemplary employees are usually given the independence and autonomy because the management trusts them that can accomplish their jobs without supervision and help of others . This reward is commonly given to employees who are good in decision making , can handle pressure and can finish the job on time effectively . It is a rewarding and comfortable feeling for an employee when there is no supervisor [banner_entry_middle]

or other employees that always looks after his works while employers can save time and money when they have workers who can work independently

Conclusion

Although monetary rewards have been traditionally effective as a motivator in a workplace , non-monetary rewards are also important in meeting the other needs of the employees . Non-monetary rewards satisfy and eliminate unhappiness in the workplace by providing employee self-fulfillment , growth , and a feeling of achievement , making them more motivated to perform their jobs better . Therefore , in a workplace , there should be a balance of monetary and non-monetary rewards which motivates employees in different effective ways

References

Anonymous (1994 ) Personnel Practices /Communications . Human Resources

Management . Chicago : Commerce Clearing House Inc

Anonymous , Top Five Non Monetary Items Employees Want in a Workplace

Retrieved online on October 12 , 2006

http /www .recognitionrewards .com /top_five_items .htm

Ballentine , Andrew , McKenzie , Nora , Wysocki , Allen Kepner , Karl (2003

The Role of Monetary and Non-Monetary Incentives in the Workplace as Influenced by Career Stage , EDIS , Department of Food and Resource Economics , Florida Cooperative Extension Service , University of Florida Gainesville , FL

Creech , Regina (1995 , Employee Motivation

Management Quarterly , Volume 36 , Issue 2

Wortman , Camille B . and Elizabeth F . Loftus (1992 ) Psychology

New York : McGraw-Hill , Inc… [banner_entry_footer]

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