Reward
Let us now consider briefly the basics of reward management. What is a reward a reward may be anything tangible or intangible that an organisation provides to its employees either intentionally or unintentionally in exchange for the employees potential or actual work contribution and to which employees as individuals attach a positive value as a satisfier of certain self-defined needs. On this definition rewards can be seen as including not only financial rewards i.e. pay remuneration or compensation but also rewards of a beneficial non-financial nature. Such a broad definition means Read more