Effective rewards and recognition strategy: Enhancing employee engagement, customer retention and company performance

PM Madhani - The Journal of Total Rewards, 2020 - papers.ssrn.com
The Journal of Total Rewards, 2020papers.ssrn.com
Effective reward and recognition systems influence employee engagement and enhance
work performance. Rewards and recognition have already been established as an
antecedent of employee engagement (Fairlie 2011). … Following illustration explains how
Zappos has effectively used rewards and recognition strategy to enhance employee
engagement, customer retention and overall business performance. …
Abstract
Organizations across the world seek to retain their talent. The loss of an employee has been proven to cause exorbitant costs in the recruitment, selection and training of a replacement—
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