What steps should organizations take to identify their core values and cultural attributes to ensure that the rewards foundation aligns seamlessly with them?
How can organizations conduct a comprehensive analysis of their strategic objectives to determine the key performance indicators (KPIs) that should be incentivized through the rewards system?
What strategies can organizations employ to involve employees in the design process of the rewards foundation, ensuring buy-in and alignment with the organizational culture?
How should organizations evaluate different types of rewards (monetary, non-monetary, intrinsic) to determine the most effective mix for motivating employees while staying true to the organization’s values and objectives?
What mechanisms should organizations put in place to continuously assess and refine the rewards foundation to adapt to changing organizational dynamics and external market conditions while maintaining alignment with core values and strategic goals?