What are Employee Rewards and Recognition?

Vega Hr27 Feb, 2023Business

Reward and recognition are a system wherein people are recognized for their performance and behaviors in either intrinsic or extrinsic ways. If we break it down to a core perspective, employee rewards and recognition are feedback structure that contributes to the company?s culture. It highlights the importance of employee well-being and creates a collaborative work environment that fosters productivity and teamwork.