Reward Strategy

Essay specific features

 

Issue:

Business

 

Written by:

Alma G

 

Date added:

February 15, 2014

 

Level:

 

Grade:

B

 

No of pages / words:

2 / 290

 

Was viewed:

4482 times

 

Rating of current essay:

 
Essay content:

If you find you are unable to do this, the problem is not necessarily with reward, but this is probably one of the first places to look. Reward strategy should allow you to recruit, retain and motivate enough staff of the right calibre to run the organisation successfully. There is an increasing realisation that reward comprises more than just the tangible elements of pay and benefits...
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Research has demonstrated that a wide range of factors that, collectively, have a major impact on employee motivation & performance. Working environment, Career opportunities, Personal / professional development, Organisation reputation, Leadership & management style, Recognition etc. This is the Total Reward approach to reward management and it is essential that all these elements of working life are underpinned by a consistent set of appropriate values and principles...
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