Businesses in Today's Society Are Term Paper

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Companies now have many options as to how the reward could be dispersed. Incentives could be stocks, bonuses, salary increases, etc. The reward may be given to the employee for higher sales or great customer service.

Companies must use common sense and have a well organized human resources department. Understanding what employees expect of an employer is a key advantage.

Human Resources must have a strategy and be able to execute that strategy in order for the rewards to work to the companies' advantage.

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There is no way a company's incentive program could fail. It is a program that is very workable. If one incentive does not intrigue the employee another could easily replace it. Employees themselves could give input on what they feel would be a reasonable reward. Everyone benefits from this type of program in the workforce.

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Incentive Reward Organizational Life Cycle From Competitive Advantage Viewpoint….....

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