Page 108 - APM Integrated Workbook STUDENT S18-J19
P. 108
Chapter 7
Reward schemes
Reward schemes are the monetary, non-monetary and
psychological payments an organisation provides for its employees
in exchange for the work they perform.
2.1 The purpose of reward schemes
What gets measured
gets done.
i.e. an organisation’s reward
scheme should result in the
successful and consistent
What gets measured and fed
backs gets done well. achievement of an employee’s
objectives and targets, which
in turn will be aligned with the
organisation’s objectives.
What gets rewarded
gets repeated.
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