Rewards is Changing from Monetary to Non-monetary
Siddharth Reddy, Managing Director (India), BI Worldwide talks about the reason behind declining numbers of engaged employees. He highlights how the concept of rewards and recognition is changing
As the biggest challenge for HR today has to do with employee engagement, it was found that the reason behind it was not compensations but factors such as recognition, appreciation, visibility, etc, The non-monetary side of rewards, says, Reddy, are career development, work-life balance and recognition.
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