What Financial Incentives Do Employees Want?

Incentivizing your team gives them a reason to pull together, work toward common goals & improve productivity.

After all, everyone wants more money in some way, shape, or form.

5 Other Types of Financial Incentives

1. Bonuses

2. Commission

A commission is a service charge assessed by a broker or investment advisor for providing investment advice or handling purchases and sales of securities for a client.

3. Retirement Plan Contributions

But there’s a problem with that: some people don’t take the time to invest in their retirement accounts. Instead, they live in the “here and now” and simply hope for the best in the future.

This is free money that will benefit them in the future.

4. Full Medical Benefits

This is a great way to save them money, while also helping them receive top-of-the-line medical care.

5. Life and Disability Insurance

Life insurance is one of the best financial incentives for employees.

Final Thoughts on Workplace Financial Incentives

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