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Developing A Reward Strategy T
Beginning of essay
hat Delivers Shareholder and Employee Value
Today business faces the biggest and most difficult times ahead. With the ever changing moods and directions that business is taking almost daily, it is impossible to have a strategy set in place. There is no true "one way of doing things" and it is almo ....
Middle of essay
....s in behavioral modification and creates drive and performance. Some negative aspects of rewards are that they are often too financially focused. They are lag indicators rather than lead indicators. They are not always associated with creating shareholder value. In most cases they do not promote long-term behavior for most of the work force.
A research done by Watson Wyatt shows that out of 1000 organizations surveyed. Only 27% of the employees had an understanding of the reward's program. Is .... |
| Number of words: 648 |
Approximate pages: 3 |
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