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Doing More With Less: Using Noncash Incentives to Improve Employee Performance
Author(s) -
Dzuranin Ann C.,
Randolph David,
Stuart Nathan V.
Publication year - 2013
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.21877
Subject(s) - incentive , productivity , cash , business , incentive program , public economics , finance , economics , economic growth , microeconomics
Employees will usually say they would prefer cold cash rather than a noncash incentive. Interestingly, however, when employee productivity is evaluated using cash incentives versus noncash incentives, noncash incentives have proven to be effective at improving performance and employee satisfaction. This article discusses the issues and provides several broad suggestions for successful noncash incen‐tive programs. © 2013 Wiley Periodicals, Inc.