Financial rewards are pretty standard practice in the corporate world – commissions, bonuses, etc. However, these financial rewards tend to hold little weight when it comes to employee loyalty and retention. We think that there are other ways you can support employees that supplement these financial rewards with a little extra meaning.

In our previous blog, we talked briefly about the difference between financial and non-financial rewards and their pros and cons. However, in this blog we want to hone in on Non-Financial rewards, what they can be, and how the team and corporation you’re a part of can benefit!

Care Packages

Care packages are our favourite non-financial reward for employees! They’re a great way to pay attention to detail when it comes to rewarding staff and they really show that you appreciate them and their work. Feeling like you’re employer respects and appreciates your work can really improve their motivation and loyalty towards the company. Check out some of the care packages on our website!

Corporate Days

Another non-financial reward for employees is Corporate days! They're a great way to reward staff with an activity that can help build internal relations within the team, and also be a good bit of fun! Just don’t make it mandatory – and put some thought into the activities chosen, perhaps take suggestions from staff or have a vote! Check out this action days blog for some more specific ideas!

Subsidised Gym Membership

Helping out staff with their wellbeing is essential, and helping out with expensive gym memberships is not only a great reward, but also a great way to show employees that their health, and wellbeing are valued and supported by the company.

Financial wellbeing resources

With life getting more expensive at the moment – it’s nice to reward employees alongside a financial bonus with financial resources and education so that your staff feels well-equipped to deal with the harder financial times ahead.