Reward Management

A reward strategy is about short term policies and processes

A motivated workforce is an important factor in organisational success

A reward strategy ....

Employees regard reward management as a meaningful form of compensation

Inefficiency levels rising and deteriation of productivity is a sign of

Stakeholder needs are met through a reward strategy

Praise is not an important factor in the 4 Ps of reward

Behaviours and Results can be linked to identifiying effective employee performance

Intrinsicallymotivatedemployees do not workathigherlevelsof productivity

Components of Total Reward include

The 4 P's of Reward include

An ideal performance management system should be

Performance management helps to make decisions about employees compensation

Intangible returns in a reward system can include

Rewardsare positive  outcomes that areearned asa  resultofan employee's  performance

 A set ofmechanisms fordistributingtangible and intangible/relationalreturns is

Rewards should be aligned to the organisations goals

The purposes of performance management can include

Getting a better office is an example of

Based on tangible rewards and external to the individual this represents