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Using the Correct Rewards is Pivotal in this Economy

Using the Correct Rewards is Pivotal in this Economy

     Layoffs, bankruptcies, the credit crunch, mergers, closings — the headlines are impossible to ignore. Companies across industries and around the world are dealing with similar complex challenges due to the declining state of the global economy. Now is not the time for employees to give in to fear and work less hard because they believe they will not be recognized for their efforts.
     Talent leaders can address these employee concerns while remaining fiscally responsible, encouraging greater productivity and sustaining growth by reconsidering employee recognition and reward programs. Such initiatives can be a lever to enable an organization to ride out the recession and position itself strongly for the eventual upturn.  (Follow the link below for the full article).

http://www.talentmgt.com/compensation_benefits/2009/March/890/index.php?pt=a&aid=890&start=0&page=1