Reward is an essential tool for keeping people properly motivated. People expect rewards to be fair and related to the effort that they have put in.
Rewards management is a complex subject that focuses on creating, maintaining, and communicating a reward system that motivates people to achieve high performance. Different approaches and variables need to be taken into account in order to put into place a well-thought-out reward scheme for your team.
What you perceive to be a fair rewards package will depend very much on your own perceptions. When designing rewards it is important that you are aware of your own beliefs about rewards.
Should people be rewarded for ...