Benefits of Emotional Salary
Emotional salary can have many benefits for both the employee and the organization, such as:
For the Employee:
- Increased motivation, satisfaction, and engagement with their work and organization.
- Improved performance, productivity, and quality of their work output and outcomes.
- Enhanced creativity, innovation, and problem-solving skills.
- Reduced stress, burnout, and turnover intention that promotes mental peace.
- Higher happiness, well-being, and health.
For the Organization:
- Attracted and retained talented and committed employees that reduced the labour turnover ratio.
- Strengthened organizational culture, climate, and identity.
- Boosted organizational reputation, image, and brand.
- Increased organizational competitiveness, profitability, and sustainability.
- Contributed to organizational social responsibility and impact.
- Development of a positive and supportive work culture, characterized by teamwork, collaboration, and positivity.