Employee Rewards in Singapore.
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Business
The way you employee rewards program,Edenred is an important foundation for effective people management. Money is by no means the only motivator of people, but too little money demotivates powerfully. Studies have shown that the material reward is much stronger than the monetary reward.
1. How to determine the levels of remunerationTo determine how much compensation is appropriate, consider what level of compensation employees will attract, retain and motivate people of the required caliber. If an employee does something that leads to a one-time incentive for the company, a one-time incentive is most appropriate.
2. Why give employees…