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A Guide to Employee Rewards and Recognition Programs

Posted By ivanpw 611 days ago on Business - The post A Guide to Employee Rewards and Recognition Programs appeared first on SMALL BUSINESS CEO.

Recognizing and rewarding performers and encouraging good future efforts is a long-term strategy for gaining loyalty and keeping a valuable workforce. Most startups fear going through this route because they may perceive it to be expensive and this would hamper their growth objectives. The good news is that non-financial benefits are just as important as financial incentives. In fact, many employees specifically prefer them.

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Acknowledging work pays off in the long run, and the time spent recognizing it will probably lead to a more thoughtful and personal approach. So it’s an effective way to motivate your employees. Here is a guide to employee rewards and recognition program.…

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