SME Toolkits Recognize and reward - Compensation

Recognize and reward - Compensation

How to design and implement an effective total rewards strategy in order to attract and retain young talent? What makes a compet...

Recognize and reward - Compensation

SME #performance #Recognition #Reward

How to design and implement an effective total rewards strategy in order to attract and retain young talent? What makes a competitive rewards package for young talents? What are the best non-cash rewards and recognition tips to engage young talent?

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Recognize and reward - Compensation basics

Rewards and recognition are an important managerial tool, especially effective for young employees. When implemented in the righ...

How

There are several steps and considerations if we want to make the total rewards strategy effective in order to attract and retai...

Toolkit Contents

Experts Advice

Learn about Compensation from the experts

External Links & Further Reading

Read more about Compensation

Coaching FAQs

In the following section you will find a list of FAQs on Compensation

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Implementing a new total reward system

Competitive total rewards packages go beyond salary compensation. Talents highly value development and well-being

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Define your total rewards package

The effectiveness of total rewards strategies depends on making the right decisions at planning stage

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Recognition through praise

Praise is great to acknowledge positive attitudes or behaviours, especially under budget contraints