Manuscript Title:

EFFICACY OF NON-MONETARY MOTIVATOR STRATEGIES IN HUMAN RESOURCE MANAGEMENT: A COMPREHENSIVE ANALYSIS

Author:

LI JIYAN, ABHIJIT GHOSH

DOI Number:

DOI:10.17605/OSF.IO/UWNHA

Published : 2023-06-23

About the author(s)

1. LI JIYAN - Research Scholar, Lincoln University College, Malaysia.
2. ABHIJIT GHOSH - Dean, Lincoln University College, Malaysia.

Full Text : PDF

Abstract

This research paper aims to comprehensively analyze the efficacy of non-monetary motivator strategies in human resource management (HRM). While monetary incentives have traditionally been used to motivate employees, non-monetary motivators, such as recognition, career development opportunities, flexible work arrangements, and work-life balance initiatives, have gained attention as effective means of employee engagement and satisfaction. This study examines the impact and effectiveness of various non-monetary motivator strategies in different organizational contexts and industries. The research methodology includes a systematic review of existing literature, case studies of organizations implementing non-monetary motivator strategies, and surveys with employees to gather their perceptions and experiences. The findings of this study will provide a comprehensive understanding of the potential benefits and limitations of nonmonetary motivator strategies in HRM. The results will be beneficial for HR managers and organizational leaders in designing and implementing motivational programs that go beyond monetary rewards, contributing to improved employee morale, retention, and overall organizational performance.


Keywords

Non-Monetary Motivators, Human Resource Management, Employee Motivation, Employee Engagement, Recognition, Career Development, Flexible Work Arrangements, Work-Life Balance, Systematic Review, Case Studies.