Practice Non-Monetary Rewards & Employee Value - 4 | Compensation & Total Rewards Strategy | Human Resource Advance
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Non-Monetary Rewards & Employee Value

4 - Non-Monetary Rewards & Employee Value

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a recognition program?

💡 Hint: Think about awards or public acknowledgments in the workplace.

Question 2 Easy

Give one example of a wellness program.

💡 Hint: Consider programs that promote health.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is a non-monetary reward?

A payment method
Recognition
benefits without direct payment
A type of stock option

💡 Hint: Think about forms of appreciation beyond money.

Question 2

True or False: Work flexibility is not considered a non-monetary reward.

True
False

💡 Hint: Consider how work flexibility impacts personal life.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Develop a non-monetary rewards program for a company, including its components and how you will evaluate its effectiveness.

💡 Hint: Consider the needs of the employees and the goals of the organization.

Challenge 2 Hard

Evaluate how a lack of non-monetary rewards might affect employee morale and performance in a tech startup.

💡 Hint: Think about the competitive environment in tech startups.

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