Your employees must know they matter. Your return on your investment in human capital is optimized when employees are viewed as significant stakeholders whose individual needs and expectations receive management attention. In today's workplace, rewards connote a wide array of motivators that include training and development opportunities, work environment and intellectual challenge-reflecting a growing understanding that compensation is only a part of what binds employees to organizations. The right package of rewards is an essential part of a well-defined people strategy. It spells out precisely what the organization is prepared to deliver in exchange for solid employee performance and contribution. An appropriate reward strategy begins with a clear definition of both employer and employee expectations and needs.
