Answer:
Non-monetary rewards also make an immediate impact. Rewarding employees with things like bonuses or pay rises can take time, meaning it loses some of its impact. The best way to reward an employee is to do it straight away.
Explanation:
They’re also better for retention. An employee that stays with you because you’ve given them a pay-rise can easily be lured away by another company. However, non-monetary rewards help you build a relationship with employees, which they won’t get at other companies
