Organisational Strategy

One word that should change how you reward your staff forever

Focusing on meaning could change the way your reward staff at your NFP for the better.

Want to improve how you reward staff at your NFP? Focus on meaning. According to recent research published in the Ivy Business Journal, tangible rewards such as pay raises, bonuses and benefits are not as effective for day-to-day motivation as the psychological rewards employees get from doing work that has meaning. It’s crucial information for resource-strapped not-for-profits aiming to keep staff happy, motivated and rewarded for their work.

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