A member company is reviewing its current suite of Reward and Recognition methods and is interested in learning what has worked best for other companies.
- Formal & Informal - What methods are used most frequently / preferred by the business?
- Does the company have guidelines in place?
- Are there formal events to recognise success?
- What specific methods are used for major team achievements?
- Are rewards processed through payroll?
- How does the company manage rewards from a tax perspective? (for vouchers, canteen supplements etc.)
- What% of total wage budget is spent on reward?
Objective: The main objective is to learn from other companies that have Employee Reward and Recognition schemes & programmes in place.
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