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Many companies tend to give employees things they don't want or need, like a new phone, a laptop, or company merchandise. Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharingplans , wellness memberships, etc. By doing so, you elevate employee morale and reduce absenteeism.
Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharingplans, or stock options. Flexible benefits packages Employeebenefits are a valuable form of recognition.
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