Jane Partington, chair of the Wales-based Tenon Forum, a think-tank of entrepreneurs, suggests that barter, among other alternatives to cash bonuses, can help cash strapped businesses motivate employees.
“In some sectors, financial bonuses can be very motivating, while in other industries, alternative initiatives are often much more effective at maintaining morale.
“There’s a whole armoury of tools that businesses can use to keep their people happy and ensure business is running efficiently. Money isn’t the answer to everything.”
icWales - Firms share profits despite gloomy outlook
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