The trends in rewards programs across different industries are not very promising. Most companies still follow the conventional practice of conducting salary reviews only once a year or less. The satisfaction with these programs is also low, with organizations rating their rewards programs with a Net Promoter Score of -15. Only 21% of companies would recommend their program to others. Despite being aware of these issues, only a small percentage of organizations are good at attracting and retaining talent.
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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