What Is an Intangible Reward

Intangible Reward: Any reward of no financial or tangible value. For example, verbal or written recognition. … Recognition can be provided in the form of tangible or cash rewards and/or in the form of an intangible reward, such as public acknowledgement and appreciation for something done well.

What are examples of intangible rewards?

• Praise.
• Thanks.
• Public acknowledgment/recognition.
• Lunches and dinners out.

What are intangible benefits for employees?

Intangible benefits are assets that are more difficult to measure than financial gain, like the joy of your employees as the result of those new coffee opportunities. They may not be financially beneficial, but they are an important consideration to take into account as someone in a decision-making position.