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Developing a Reward Strategy that Delivers Shareholder and Employee Value

Date Submitted: 02/25/2003 03:38:21
Category: / Literature / English
Length: 2 pages (650 words)
Developing a Reward Strategy that Delivers Shareholder and Employee Value The New Competitive Context: Today business faces the biggest and most difficult times ahead. With the ever changing moods and directions that business is taking almost daily, it is impossible to have a strategy set in place. There is no true "one way of doing things" and it is almost impossible to say that one strategy is the way to go. Knowing this the truly …
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…investments and not expenses. When moving forward remember to focus on the critical priorities those programs that have the greatest leverage on business success. Keep in mind that aligning key drivers is critical. Finally remember to develop a reward strategy that fits your company. Take your common reward system and look at it from a new uncommon perspective, and develop a competitive advantage so strong that it will command the attention of your competitive world.
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