Intangible Rewards definition

Intangible rewards, also known as intangible benefits, are rewards provided to an employee that don’t have an inherent monetary value, and are often applied in response to a particular achievement.

  • Praise
  • Thanks
  • Public acknowledgment/recognition
  • Lunches and dinners out

Intangible rewards compare with tangible rewards, which are rewards that have financial value to the employee, such as bonuses or salary increases.

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