Intangible rewards - HR Glossary

HR Glossary - Intangible rewards - Hireforce
HR Glossary - Intangible rewards - Hireforce

Intangible rewards are non-monetary perks or incentives that employees receive that cannot be measured in terms of a financial number. These awards are intended to improve employees' overall job happiness and well-being, hence increasing motivation and engagement.

Example

Flexible work hours enable individuals to better combine their professional and personal life, resulting in increased job satisfaction and general well-being.

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