Tying Rewards to Outcomes

From Feed and Grain Magazine - Working with people can provide you as a manager with some of the most satisfying and some of the most frustrating experiences at the same time. However, a well-thought out reward system can make your job much easier. In fact it can complement all of your managerial efforts by backing up what you instruct your people to do, and serve as a “silent watchman,” to guide them when you are not there to observe their actions. In this month’s column, we will discuss the reasons behind good incentive programs, why they are a good practice, and some of the things to consider when instituting a reward system.

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