Motivation: Reward system and the role of compensation
Rewards and employee satisfaction. Rewards and motivation. Equity and participation. Compensation systems: the dilemmas of practice. Management’s influence on attitudes toward money. Pay for performance. Russian management’s approach to motivation.
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Employee motivation as a critical factor in the success of an organization. Productivity and reduced turnover of motivated employees. Effective strategies and practical examples of recognition, reward, and successful increase in employee motivation.
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