Why Cash Is Not Always King For Rewarding Employees

For employers who believe that money is the only reward that employees value, they may want to think again.  The following post offers more information.

Employers may think giving their workers cash rewards is the best way to keep them happy, but it turns out, its those non-financial awards that lead to loyalty and productivity among employees.

“Cash rewards don’t have a long lasting effect,” says Susan Heathfield, About.com Guide to Human Resources. “Most people fritter it away and don’t spend it on something tangible or significant in their lives and as a consequence its impact doesn’t last.”

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Why Cash Is Not Always King For Rewarding Employees