Employee Rewards System and Advantages
Why Employee rewards matter... I n any organization, the human element is the main element of how to run the business model for success. Humans are naturally expecting a reward, money, ext, and at the same time humans are demotivated due to some external things, so keep human or employee preferments at a consistent level so they need to have a reward system that addresses these following areas: Compensation. Benefits. Recognition. Appreciation. “With employees today have increased bargaining power in a highly competitive job market, attracting high performing, skilled workers have become a challenging activity (Business Franchise Staff 2017).” * Team members must understand and believe that what they do matters to the organization and to their personal progress. * One of management’s responsibilities is to “clear the path (Business Franchise Staff 2017).” helps ensure that employees have a work environment that supports their goals and reduce the unnecessary o...