HOW DO YOU REWARD?
Think about how you celebrate and recognize success. Can you easily adjust and align compensation and rewards to your changing priorities and objectives?
Motivation is the most important driver of successful performance. The more you appeal to your employees, partners, suppliers and customers, the better results you’ll achieve.
Being open and transparent on how individual targets are set and linked to performance will not only give people a clear understanding of how their performance links to pay, it will also ensure that the company rewards system is fair for everyone. Remember, money is important but not the only tool to motivate!