Innovative reward systems for the changing workplace

by Wilson, Thomas B

Why should you be concerned about your organization’s reward system? You can’t expect to stimulate greater productivity or motivate today’s employees with yesterday’s reward systems—and the unfortunate truth is, most organizations continue to use systems and practices that are based on outdated models of control and entitlement. They simply don’t work anymore.With the first edition of the groundbreaking Innovative Reward Systems for the Changing Workplace, Thomas Wilson—a pioneer of the “Reward Smart” model of restructuring reward systems—explained how to reward collaboration and teamwork. In this timely update, he gives you the tools you need to create reward strategies that reinforce the values and culture your organization needs to prosper for the long term.In this new edition, you’ll find in-depth coverage of the major new trends, including:Flexing compensation in a “down” market Stock options and other new types of pay Integrating 360 feedback into reward systems New technology fo