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Non-monetary Rewards: Employee Choices & Organisational Practices

Indian Journal of Industrial Relations

Volume 44 Issue 2

Published: 2008
Author(s) Name: Pragya Sonawane
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Abstract

This paper reports the results of an exploratory study of non-monetary rewards in terms of the employee choices and organizational practices. The study describes the phenomenon and discusses the perspectives of employees as well as the employers and compares the approaches of Indian and foreign multinationals in the FMCG sector. Seven pointers to the designing of recognition programmes are made along with identifying the future research possibilities. Keywords: Non Monetary Rewards, Perspectives of employees

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