What is Emotional Salary?
Emotional Salary is the satisfaction that a person gets from a job. It’s a non-monetary type of compensation that is provided to an employee in a company. It is different from material salary and benefits and serves as a source of motivation for the employee. It’s about feeling appreciated, happy at work, and recognized for the contribution. It’s not just about finishing tasks for money, but enjoying them and feeling a connection with a job. Important elements of emotional salary include recognition, autonomy, feedback, learning opportunities, work-life balance, and job security. Emotional salary can be considered the heart and soul of a job. If the company focuses on these factors for giving high emotional salary, then they can create a workplace where every day is a fulfilling adventure, with lots of small victories.
Table of Content
- Basic Elements of Emotional Salary
- Factors of Emotional Salary
- Examples of Emotional Salary
- Benefits of Emotional Salary
- Frequently Asked Questions (FAQs):
Geeky Takeaways:
- Emotional salary can be understood as a non-monetary compensation that an employee gets in the form of job satisfaction and inner peace on performing the job.
- Emotional salary serves as a motivational factor that boosts the productivity of an employee and also creates a healthy work environment.
- Performance Recognition, Job Security, Authority, and Autonomy in decision-making are some forms of emotional salary
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