Evaluation of Rewards Programs as an Element of Sustainable Employee Rewards – Research Results
Evaluation of Rewards Programs as an Element of Sustainable Employee Rewards – Research Results

Summary/Abstract: Theoretical concepts such as Human Capital Management (HCM) and Corporate Social Responsibility (CSR) set a new direction in the development of employee rewards by focusing on shaping sustainability in rewards systems. One important aspect of sustainable rewards is the evaluation of the effectiveness of employee rewards systems. This paper explores the understanding of sustainable rewards and underlines the importance of rewards evaluation as an element of sustainable rewards. Employing a quantitative approach, the author examines whether or not organizations provide evaluation of rewards effectiveness and also provides some practical implications regarding such evaluation. The results of the study show that, currently, only 13% of studied organizations provide an evaluation of their rewards, with most of these using hard indicators, however more and more employers are paying attention to employee expectations and satisfaction from the rewards systems.

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