Intrinsic Benefits are voluntary (not compulsory) benefits that the organisation has implemented as an initiative or incentive to retain staff. Intrinsic Benefits are non-monetary benefits as opposed to extrinisic benefits (monetary such as bonuses, financial rewards)
The aim of intrinsic rewards is derived from motivational theories related to the employee feeling a sense of personal satisfaction associated to work performance
Job Enlargement or Enrichment
Mentoring / Coaching Opportunities
Positive Feedback opportunities
HR Practioners may add intrinsic reward a part of the longer term Human Resources Strategy and incorporate its implementation into HR practices the organisation adopts to promote a better workplace culture.
Note, the value of instrinsic benefits is difficult to measure however organisations may refer to Staff Retention Rates and Employee feedback to gauge value.