Conventional salary review practices, particularly those conducted only once a year or less, can have a negative impact on employee motivation. This is because employees may feel undervalued or overlooked, especially if their efforts and achievements throughout the year are not recognized and rewarded appropriately. This can lead to decreased job satisfaction, reduced productivity, and higher turnover rates. It's important for organizations to regularly review and update their rewards programs to ensure they are effective in motivating and retaining talent.
How can you make your team feel valued and stay motivated? Wrap up the year on a high note and recog...
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