Incentive & Motivation Magazine – Four ways to create an inclusive reward strategy
The importance of a well-constructed reward strategy should not be underestimated. When an employee’s contribution is recognised, not only will team morale and productivity be much higher, but brand reputation will be boosted for both clients and potential new employees and you will be able to retain the best talent.
However, when crafting and implementing your reward strategy it’s important to place inclusivity at the forefront. It can be easy to think you are being fair to all when really unconscious biases are skewing your judgement, or processes may actually only reward those who are always willing to speak up about their successes. There are many specialist organisations that can assist you with the creation of a reward strategy however not all organisations have the ability to make such an investment, so here are some factors that you can include in your reward strategy to ensure every aspect is inclusive and offers everyone the same opportunities.
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