There are two fundamental considerations that organisations need to take into account to develop rewards that will incentivise staff to pursue excellence, establish a strong external reputation for ethical business practice, and build a healthy internal workplace culture, writes Joydeep Hor The recent Royal Commission into the Banking and Financial […]
Tag: bonuses
5 ways to motivate employees more with less
Simple bonus plans with fewer metrics and limited managerial discretion could result in greater employee motivation at lower cost, according to a recent PwC research report. “We felt the need to debunk highly publicised studies that promote the idea that financial incentives don’t work,” said PwC partner Emma Grogan. “Our […]