HYPERION ECONOMIC JOURNAL

Hyperion University of Bucharest
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HYPERION ECONOMIC JOURNAL

January 2025
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Solution for the Main Problems by Implementing Non-Financial Motivation Within Organizations

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Authors:
  • Bogdan ȘTEFĂNESCU, PhD, Researcher, Affiliation: Valahia University of Targoviste, Romania; 
  • Valentin RADU, PhD, Professor, Affiliation: Valahia University of Targoviste, Romania;
Pages:  62 : 72
Abstract:

This research focuses on the benefits of implementing non-financial motivation in organizations to support managers in solving multiple problems and highlights the significant advantages in terms of employee engagement, job satisfaction and overall company performance. I analyzed the issue focusing on the main problems that can be solved by implementing non-financial motivation such as: employee involvement, job satisfaction, retention, organizational climate, professional development, creativity, innovation, up to employee health and well-being.The benefits of feedback, development opportunities, activities that enhance the quality of life, collaborative working environment, mentoring programs, flexibility of work schedule and encouraging the exposure of innovative ideas that break traditional patterns and contribute to the progress of the organization were discussed. Implementing these non-financial motivational practices can lead to significant improvements in employee morale, performance and retention, contributing to the long-term success of the organization.

JEL classification: A12, M54

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A12, M54