Financial and non-financial incentive programs

RRHH Digital Financial incentives: a monetary reward that involves bonuses, pay rises, pensions, etc. provided for improved commitment and performance above targeted objectives.

Non-financial incentives: those targeted at satisfying the employees needs by providing psychological benefits as a means of motivation. It may involve training, paid vacations, etc.

Both methods have costs to the employer, either through direct costs such as extra pay or indirectly through providing training.

Powered by Capman.