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Non cash incentives and motivation in the workplace

Date Submitted: 07/28/2000 08:01:28
Category: / Literature / English
Length: 10 pages (2879 words)
Views: 49804

When you ask employees what they’d rather have, cash or a gift, many times they will say, “Oh, just give me the money.” However, this is not always the case. A survey of 1000 adults working for Fortune 500 organizations revealed that salary and bonuses are not the key factors to job satisfaction. The people who conducted this survey found that these 1000 individuals placed greater value on benefits that impact their overall quality of life. (Turner, 2000). …

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…C. (2000, November). “Trophy Value” and the Cash Versus Non-Cash Argument. [Online]. Available: http://www.motivationonline.com/trophyvalue.html. Simms, Bill. (2000, November). Why Cash and Store Gift Certificate Incentives Often Fail. [Online]. Available: http://www.billsimms.com/fail.htm Sunoo, Brenda Paik. (1999, April). Praise and Thanks—You Can’t Give Enough. Workforce. P56 Turner, Freda. (2000, October 23). New Workplace Incentives Help Attract More Workers. The Business Journal. Useem, Jerry. (2000, January 10). Welcome to the New Company Town. Fortune.

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