non-monetary benefits

Non-monetary benefits are advantages received from a job or situation that aren’t paid in money. These can include things like flexible working hours, opportunities for personal development, a positive work environment, recognition, or health benefits. Such perks improve overall satisfaction, well-being, and work-life balance, often making a job more attractive even if the salary isn’t the highest. They are valuable because they contribute to a person’s quality of life and can enhance motivation, loyalty, and performance at work.