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Why do employers use reward and recognition?

Topic: Workplace Relations

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Updated 01 Nov 2023Print this page
It has never been more important to have a people strategy to attract, retain and reward talent in the business. Competitive business environments make rewarding and recognising people a critical priority for all employers. Some of the business benefits of a reward and recognition program include: higher engagement, increased motivation, lower turnover rates, reduced absenteeism and fosters innovation.

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