Key takeaways from a global study examining how reward strategies, policies, and programs are influencing employees’ perceptions of program fairness
Practical advice on how you can build confidence that your reward programs are fair - even when compensation budgets are tight
A sense of balance between what people contribute to your organization and what they get back in return is fundamental to engaging, motivating and retaining your employees.
Research shows that perceptions of fairness in rewards – or a lack thereof – are among the primary reasons why employees leave. Accordingly, reward programs are an important component of creating an effective employee engagement strategy.