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Essay

Non-Monetary Rewards in the Workplace

Essay specific features

 

Issue:

English

 

Written by:

Jeffrey N

 

Date added:

May 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1283

 

Was viewed:

6341 times

 

Rating of current essay:

 
Essay content:

This different type of compensation is seen in many ways. Therefore, it is important to explore the different types of compensation to define them, reveal how they are executed, and how effective they are as opposed to traditional monetary rewards. Traditional rewards such as money or cash bonuses need little explanation...
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This type of reward and compensation system is still the most commonly used in the work force today. As a result, employees have come to expect this type of compensation. Therefore, it is usually the starting point of negotiations when a person is considering several opportunities. Employers understand how to execute this system but many do not understand when to execute this system to maximize effectiveness...
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