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... Chapter 12 Excerpt: 'Employee Motivation, Rewards and Promotions'
In the commerce between employers and their employees, selected behaviours are traded for prizes of all sizes. Be it a pay cheque, a simple thank you, or a vice presidency, both parties want to get all they can from the deal. Often though, it is the deal itself that reduces the gains for all involved. Nurturing a mutually beneficial employment relationship will require the creative use of rewards, incentives and recognition, and the strategic use of promotions. To be effective and seize the benefits of maximum motivational power, organizations must understand where and when each kind of employment tactic is called for, and exactly how to execute it.
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