Tag: reward
There’s more to reward than headline-grabbing stories about City bonuses
The past year has been a tale of two sectors for reward. While most private-sector organisations froze pay in 2009 to keep down costs, much of the public sector continued to award pay rises, typically of 2 to 4 per cent, often dictated by long-term pay deals. This year, with the economy poised on the…
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What really motivates?
Incentives as a motivational tool come in many forms, and schemes vary depending upon the size and structure of an organisation. Understanding the needs of employess can help companies to reap poisitve rewards from an incentives programme According to Kevin Harrington, director at Sodexo Motivation Solutions, a successful motivation scheme comprises three elements: “First is the reward…
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