Financial rewards are the set of pay structures and monetary payments within an organization. Managers need to consider financial rewards in a balanced way – they need to ensure the payments are sufficient to attract and retain staff, but not excessive (which would harm the liquidity position of the organization).Theorists such as Taylor, Maslow, Adams and Herzberg refer to financial rewards having a direct impact...

To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)