Implementing a flexible rewards system can present several challenges. Firstly, it requires a deep understanding of the diverse needs and preferences of the workforce. This can be difficult to achieve, especially in large organizations. Secondly, it requires the ability to tailor rewards to individuals, which can be complex and time-consuming. Thirdly, it may be difficult to ensure fairness and avoid perceptions of favoritism. Lastly, it requires a robust system to manage and track the rewards, which can be costly to implement and maintain.
How can you make your team feel valued and stay motivated? Wrap up the year on a high note and recog...
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