Types of employee rewards

Monetary Rewards: These are financial rewards that include bonuses, commissions, profit-sharing, and salary increases.

Non-Monetary Rewards: These are non-financial rewards that include flexible work schedules, telecommuting, career development opportunities, and recognition programs.

Health and Wellness Rewards: These include gym membership discounts, health insurance, and wellness programs that encourage healthy living.

Personal Development Rewards: These are training programs, seminars, and workshops that help employees develop new skills and knowledge.

Social Rewards: These include team-building activities, company outings, and other social events that foster camaraderie and team spirit.

Performance Rewards: These rewards are given to employees who meet or exceed performance goals and targets.

Intrinsic Rewards: These are rewards that come from within, such as job satisfaction, a sense of accomplishment, and the opportunity for professional growth