Editor’s top 5: Remuneration and reward
Employee recognition and reward isn’t a new concept, but it is a changing one both in terms of importance and what it consists of.
The blog posts below reinforce the ever-growing need to acknowledge hard work and loyalty, plus are a collection of different ways of looking at how to find what works best for whom; and no two employees are the same.
By SBOC Team on Small Business
This blog post discusses what recognition and reward are, how they function within the workplace, tangible and intangible remuneration, plus why it’s important for employees to recognise where they fit into the organisation.
By Thomas Fox on Corporate Compliance
Travelling back to ancient Greece, this blog post looks at why it is so important to be fair and just when rewarding employees and how destructive it can be for the company if it is not.
Posted on Inconnection
Recognising long service in a company is still an important way to reward staff, but not in the traditional form. Both what’s considered ‘long’ plus what constitutes typical rewards have revolutionised along with the way we work.
By Jeffrey Phillips on A blog about Creative
What’s the right way of encouraging innovation through reward systems?
By Anita Agers-Brooks on Fresh Faith@Work
Getting to know your employees to tailor rewards specific to their personality is one of the most powerful tools of acknowledgement at your disposal.