September 25, 2019
D. Blackman
“Now more than ever, non-cash programs and rewards reinforce the motivators and behaviors that develop a strong culture.” Source: Enterprise Engagement: How to Achieve Organizational Results Through People and Quality for ISO 10018. Copyright 2018
While money is important, research shows that it’s not the most effective means to motivate employees. Numerous studies show that an integrated system of tangible rewards and recognition produce greater results.
Here’s an interesting piece written by Dina Gerdeman for the Harvard Business School that breaks it down:
https://hbswk.hbs.edu/item/forget-cash-here-are-better-ways-to-motivate-employees