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Tangible rewards distinct from salary may help motivate employees: Study

A recent survey of firms in the United States revealed that 84 per cent spent more than USD 90 billion annually on tangible employee rewards, such as gift cards, recreation trips and merchandise in hopes of increasing productivity

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Image for representational purpose only. Photo Courtesy: istock

Image for representational purpose only. Photo Courtesy: istock

The satisfaction of employees at the workplace is one of the top discussions throughout the year but especially arises during increments and the appraisal cycle, and most often than not, the reason for most workers leaving is lack of pay. However, the findings of a new study suggest that tangible rewards motivate employees when they're easy to use, pleasurable, unexpected, and distinct from salary.

The study was recently published in the journal Accounting, Organizations, and Society.

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