This report from Aon Hewitt and O.C. Tanner talks about employee rewards programs and how they affect employee performance. The findings are based on a global survey done earlier this year.
The survey shows that the most effective and successful recognition programs are not only based on monetary rewards, public recognition by senior leadership is also ranked high. Other popular rewards are gifts and merchandises.
Companies using rewards programs help drive both individual and team performance, as well as an incentive for employees to stay.
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