The Impact of Customized Reward Programs

The Impact of Customized Reward Programs

Rewards are crucial in motivating and retaining employees. Many employers see monetary rewards such as salary raises, cash bonuses, stock options, and profit-sharing as the best incentives. While it is assumed that employees want cash rewards, they often show greater enthusiasm toward non-monetary incentives. That is why having the right reward strategy is essential for employee engagement and retention.

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