What are some non-monetary perks that can improve your work-life balance and satisfaction?
Non-monetary compensation refers to the benefits and perks that an employer offers to employees, besides their salary. These can include flexible hours, remote work, health insurance, training, and more. Non-monetary compensation can be a powerful tool for attracting and retaining talent, as well as improving employee satisfaction and performance. However, it also has some drawbacks and challenges that you should be aware of. In this article, we will explore some of the advantages and disadvantages of non-monetary compensation, and how to negotiate for the best package that suits your needs and preferences.