Rewards Strategies that will not Work

Publisher: Pontifex Consulting Group

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Rewards Strategies that will not Work

When an organization reviews its rewards strategy, one of the first issues that needs to be addressed is “what is the rewards philosophy?” This is a necessary pre-requisite for formulating a rewards strategy that will work for an organization. Philosophies differ. Most organizations believe every employee should be paid equitably, competitively and appropriately. But how each of those criteria are defined is critical.