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Project Description : 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. Rewards and incentives are probably among the most popular ones. So organizations use reward systems and strategies to motivate their employees and to increase their performance. This project to identify importance of recognition for employees in rewards system at ERL data. It outlines the firm’s strategic compensation and recognition programs and discusses implications for management.
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