Do Successful Employee Rewards Programs Need Hefty Budgets?

Do Successful Employee Rewards Programs Need Hefty Budgets?

Organizations need to understand that successful employee reward programs do not need hefty budgets; what is required is an efficient and effective reward system that ensures that employees are rewarded in a meaningful way for their good performance without any delay.

Social Recognition is Essential for Employee Recognition Systems

https://www.hifives.in/a-total-guide-to-set-up-an-employee-referral-program/

Social recognition is all about publicizing the efforts and achievements of employees in a manner that inspires the other members of the workforce to perform better and become eligible for similar recognition.