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financial incentives

Non-monetary or monetary incentives: what employees really want

Financial Wellness, Voluntary Benefits /

What do you think works best when it comes to incentives: anything cash-related or non-monetary items? Your first thought is likely cash incentives. However, you might be wrong… Studies have shown that cash bonuses for top employees only really make a difference about half of the time. So that means that there are a number […]

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Do financial incentives really work to motivate employees?

Financial Wellness, Voluntary Benefits /

Incentives, in general, can be highly beneficial in helping employees achieve tasks and accomplish goals.  Incentives can come in a few different forms: Recognition and rewards Referral programs Professional development opportunities Financial incentives Bonuses and/or raises Fun gifts Any kind of item that is given in response to a job well-done can be an incentive.

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