The internal monthly magazine and blog at the cosmetics firm Mary Kay serve as non-financial rewards for employees; the magazine and blog are outlets for not only selling advice but also company-wide recognition of individual salespeople’s accomplishments.
Explanation:
Non-financial incentives empower and involve employees in respects that money could not. Non-financial incentives are the kind of benefits that do not make up the salary of an employee. They generally have little or no cash for the venture, but still have considerable weight.
Non-monetary validation can be extremely motivational and help build trust and happiness sentiments. Rewards for promoting and improving workers ' success and achieving the Company's financial and efficiency targets.
