Written by John McGill on May, 30 2019.
This article was published in the June Issue of New Zealand Management Magazine.
Creating a winning reward strategy is about more than financial incentives. Understand what your employees value most and determine your goals to get real impact.
Benefits and rewards need to support the culture of your organisation and send a message about what behaviours you require. To be really effective, however, your rewards strategy also needs to take into account what your employees value - which means considering 'out-of-the-box' benefits.