Compensation, Rewards, and Recognition

Pay does matter. Employees will be attracted to an organization by competitive compensation practices and leave because they are lacking. However, compensation alone doesn't seem to be a breaking point for employees. In fact, fairness in compensation drives employee satisfaction in this area. In short, the corporate or work unit culture and values regarding compensation and rewards matter. Practices in this section may include:

• Pay (salaries and wages)
• Benefits
• Incentives and rewards
• Performance management
• Awards and recognition of accomplishments
• Fairness of compensation
• Meaningfulness of rewards and incentives

The are currently no practices submiited in this area. To submit your own or to find out more click here