How can I optimize my reward structure for better performance?
To optimize your reward structure, consider aligning rewards with specific performance metrics and employee goals.
What types of rewards are most effective?
Effective rewards can include monetary bonuses, recognition programs, and opportunities for professional development.
How often should I review the reward structure?
It's advisable to review your reward structure at least annually, or more frequently if there are significant changes in your organization.
Can you give examples of performance metrics to use?
Sure! Common performance metrics include sales targets, customer satisfaction scores, and project completion rates.
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