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The Manager’s Guide to Rewards: What You Need to Know to Get the Best for—and from—Your Employees by Mel Stark - Hay Group, Tom McMullen, Doug Jensen

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Chapter 11. A (Career) Path to Employee Satisfaction and Business Success

ONE OF THE MOST POWERFUL TOOLS managers have in their rewards tool kit is the opportunity to offer employees a fulfilling, long-term career with the organization. This is the key reason many employees are at the organization in the first place. In fact, our ongoing research and experience with client organizations suggests that, although pay may factor into why people leave their employers, employees are deeply concerned about their opportunities for personal development and growth.

This chapter covers the key aspects of well-developed career paths and the importance of supportive reward structures and programs that reinforce employees’ growth and development and help organizations ...

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