The Impact of Reward Systems on Employee Motivation at M&S
VerifiedAdded on 2023/04/21
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Report
AI Summary
This report investigates the impact of reward systems on employee motivation, particularly within Marks & Spencer. The study uses findings and analysis based on themes such as the importance of reward systems, the provision of rewards based on performance, the necessity of both monetary and non-monetary rewards, and the measurement of motivation levels. Recommendations include focusing on employee training and development, ensuring fairness and transparency in reward distribution, making the reward system visible to employees, and maintaining flexibility within the system through regular employee surveys. The ultimate goal is to enhance employee motivation and improve overall organizational performance.
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