NH Nonghyup Bank has started internal awards to promote a performance-oriented organizational culture. Nonghyup Bank explained that this is a form of performance reward to establish an organizational ...

Your employees are at the heart of your business. You hired them to help you gain and maintain success, and they are, at least initially, inspired to perform the work necessary to achieve your goals.

Performance and reward strategies are driven by the concept that employees are not inherently born with the desire to come to work and put in their maximum effort every day for no reason at all. Thus, ...

Employers who have introduced team-based rewards systems to foster creativity, collaboration, productivity and sales may want to look again at a system that new research shows can create an unintended ...

image: Meritocratic employment practices such as performance bonuses often fail to reduce gender-based pay inequality and may actually exacerbate it by allowing the status quo to remain intact at ...