4 alternative ways to reward employees when your company is tight on cash

4 alternative ways to reward employees when your company is tight on cash

Raising salaries and compensation aren't the only ways to improve job satisfaction and retention.







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Non-monetary rewards can encourage intrinsic motivation in employees, a powerful trait that improves commitment, job satisfaction, and performance.

If your company is short on cash, try to instead offer your workers more one-on-one mentoring, personal feedback, and new opportunities to grow. 

When you give employees the flexibility and autonomy to do their job, it shows that you trust their capabilities, which boosts morale and retention.

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Salary is, without a doubt, a key factor in attracting, gratifying, and retaining employees. But as important as financial compensation