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When organizations think about incentives monetary approaches is typically the first approach taken by organizations as a response. Though monetary rewards can be beneficial such

When organizations think about incentives monetary approaches is typically the first approach taken by organizations as a response. Though monetary rewards can be beneficial such as pay increases or an additional bonus. There are organizations like Royal Futures who need alternative approaches to incentivize employees when budgetary concerns arise. Therefore, non-monetary incentives hold value to organizations who may not have the means to provide money or for organizations who may have means but need creative ways of incentivizing their employees

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