Vital Elements of Attracting and Retaining Key Employees
HR Exchange Network Editor | 11/12/2010
As corporations struggle to navigate the current economic storm, human resources compensation professionals are challenged with developing reward philosophies that support corporate strategy and contain costs. Performance-based rewards can increase retention among high performers and may increase turnover among low performers.
People who feel recognized demonstrate a stronger desire to help the company grow and succeed. Therefore, having a pay for performance or incentive program worked into yo...
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