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Topic: |
Business
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Number of pages / Number of words: |
6 / 1603 |
Essay's paper body
They are separate from merit pay increases because they are usually an increase due to inflation with some additional percentages for competent employees. They are not particularly motivating, because the distinction between a good and an average employee is very minimal. And most of all in a small business, team work is a crucial part of an employeeâs job, but merit rewards only take into account the performance of an individual not a group...
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It is very important to have specific guidelines as too often employers reward behaviors or achievements that fail to further company goals or sabotage them. The employer should be specific in their guidelines for example if they want quantity or quality then that should be clarified. Likely, performance measures of a reward program should be linked to an overall business strategy such as improved customer satisfaction, improved customer service, or reduced losses...
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