Summary and Implications

As we move into the 21st century and face a diverse and changing labor market, continuous global transformation, an increasingly fast work pace, mounting technological enhancements and demands, and a shift away from bureaucratic work structures, organizational rewards systems must have the ability to meet these challenges and enhance organizational success and achievement. This chapter has addressed several of the components needed to meet these demands, as follows.

  • Move from a strict compensation-only viewpoint to a total rewards philosophy, including integrating learning opportunities and job design. Learning opportunities allow employees to broaden their skill and knowledge base, thereby increasing employees' internal ...

Get Organization 21C: Someday All Organizations Will Lead This Way now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.