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MBA HR

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Latest trends in reward system (MBA HR)



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MBA Project ID: 597
MBA Project Name: Latest trends in reward system (MBA HR)
MBA Category: MBA HR
Project Abstract:
 
Organization must grow to be more strategic if they are to carry on and do well in the current business situation. Functional and unit strategies must be aligned with overall company strategy to enhance organizational effectiveness. In this respect, employee recognition, strategic reward systems are vital to ensuring desired employee behaviors and enhanced organization performance. 2020 was a year that pushed organizations to adopt new operating models overnight and learn important lessons for the future due to COVID 19 pandemic. One of the key lessons was understanding the significance of the digital workplace as an integral part of the organization’s operating strategy. Employee rewards and recognition too is likely to see big changes. In this context, this project is to look at the key employee rewards trends. This project also to identify importance of recognition for employees in rewards system. It outlines the firm’s strategic and latest rewards programs and discusses implications for management.
Project Report: 64 Pages
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