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It is not always necessary for a company to use monetary compensation, but in some instances, a form of monetary compensation is preferred. If a company wants to compensate monetarily it can use bonuses, stock sharing, and salary increases but most companies prefer to use non-monetary rewards such as paid days off, extra vacation time, personal days, and benefits such as gym memberships. Organizations such as non-profit or human service agencies have to find ways to reward the employees without added expense, since the money donated to the organization is limited, and pre-determined for certain projects or programs, these organizations use incentives such as flowers for secretaries, a gift certificate, a day off, an assistant for a day, a public sentiment of appreciation, an ad in a newspaper, or a simple card of thanks...
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