Poor rewards programs can have a significant negative impact on company loyalty. They can lead to decreased employee satisfaction and engagement, which in turn can result in lower productivity and higher turnover rates. Employees may feel undervalued and unappreciated, which can damage their commitment to the company and their motivation to perform at their best. This can also affect the company's ability to attract and retain top talent, as prospective employees may be deterred by the lack of competitive rewards and existing employees may be tempted to leave for companies with better rewards programs.
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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