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How do you design a non-monetary incentive program for a group of people?

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How do you design a non-monetary incentive program for a group of people?

What impact does motivational-theories have on non-monetary incentive programs? Is there a link between the two?

Please provide examples and detail explanation on these subjects and also site any references utilized in your explanation.

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How do you design a non-monetary incentive program for a group of people?

Non-monetary incentive programs can align employee performance expectations with firm's missions and goals similar to monetary incentive programs and they reinforce employee accountability for high performance. For example after the performance level assessments, and analysis of feedbacks, if we conclude that a group of employees in a specific department are successful, we should reward them to continue their performance, and use it as an example motivate the other employees in different departments.

We can use the below points as a basis for our incentive programs:

1. Employee performance measurements by the management.
2. ...

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Umut Oltulu, MBA
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  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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