Given the recent exodus of talent, this may be a great time to fix the anomalies of the past, to be seen as making sincere an attempt to create a meritocracy.
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Make sure that employees understand the link between rewards and the organisation’s performance
This can be an excellent time to revisit and reset the performance management and reward systems in organisations along with various other OD interventions that can help strengthen the leadership framework at a time when there is acceleration of all digital transformational initiatives.
Rewarding employees correctly based on how they perform is a tricky area for companies, but if they get it wrong then productivity and motivation levels can nose-dive.
Align reward system with individual satisfaction and organisational effectiveness
How do you see the performance and rewards systems landscape across organisations at present? RM In current scenario especially post pandemic era, the performance and rewards systems landscape across industries are rapidly changing and evolving. Companies are increasingly prioritizing employee...
Boosted employee recognition and greater employee rewards are the very first steps - and if each and every employee feels valued, they'd be more productive.



