Achieving Fair Financial and Non-Financial Rewards

Topics:
Motivation,
Performance Management
Tags:
Derek Stockley,
Reward,
Recruitment & Selection,
Performance Management,
Management,
Leadership,
Human Resources,
Government,
Financial,
Workforce Management
Source:
Derek Stockley

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Overview: Employee motivation and performance management depend on good systems that offer both financial and non-financial rewards (non-monetary rewards). Constant change and high expectations are taking their toll in some organisations, as well as in industry and government generally. Sometimes this is shown in employee turnover. Sometimes it is hidden because of job insecurity. Many employees make a New Year's resolution to seek other employment. Many are also seeking more balance in their life. Rewards and remuneration must be scrutinised. Employee motivation and performance are critical. Non-monetary rewards can be as important as monetary rewards.

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Format: HTML | Pages: 7

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