blog writing #employee retention highly depends on non-monetary rewards

Today, most organizations are constantly in search of new methods to improve the performance of their employees with the aim of achieving better financial results (Saraswat and Aora, 2016). The use of different incentives is among the ways to increase the commitment of individuals and teams. The contemporary theories like the Motivation-Hygiene theory by Herzberg postulate that no-monetary reward may be as sufficient for this purpose as monetary methods. This essay aims to explore how non-monetary rewards can influence employee retention.