For all organizations, no matter the industry, the most valuable asset is its people. Hence, it is important to ensure your staff are driven to work hard towards your company and its goals. So, how to ensure this? This is where Incentive programs come into play. Incentive programs are formalized approaches to offering recognition and motivating your sales reps to push and challenge themselves to achieve their targets or quotas.
Which of the
following is non
monetary type
of motivation?
Which of the following is non monetary
type of motivation?
● An experiential reward is an experience earned from a travel
coupon to a spa voucher.
● Awards like gift cards, tickets for events, food coupons, or
trophies can also be given.
● Recognition and shoutouts are cost-effective ways to motivate
the sales teams.
● Allowing remote working is another effective way to reward the
employees.
Some more non monetary incentives
for sales reps
Additional leave is also a
good employee
incentive.
01
Travel Incentives are
also one of the popular
perks for employees.
03
Flexible work hours are
a wonderful non-
monetary reward
02
Taking the sales team
for lunch is also a fun
way to motivate the
sales reps.
04
There can a variety of sales incentives
Create the non-monetary
incentive plans according to
the organisation’s goals and
employees.
Happy sales reps perform
well and result in more
growth.
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Know More : Top 8 Non-monetary
Incentives to Motivate Your Sales Reps