Employee bonus alternatives: Are benefits a viable alternative to cash?

Many organisations across the UK believe that the best way to engage and reward their workforce is with employee bonuses.

It’s a conversation we have with many businesses that are looking to improve employee engagement, support wellbeing and boost productivity.

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However, a monetary employee bonus policy alone won’t necessarily foster a culture of engagement and satisfaction that improve employee wellbeing and staff retention.

In this blog we look at whether all good employers reward employees with bonuses, what cash bonus alternatives there are, how benefits help employees and what advantages they bring to your business.