Reward System
Reward is an emotive issue for both employees and employers. If used effectively, you’re Reward Strategy and the pay and benefits you offer are a useful tool in attracting, recruiting, motivating and retaining employees. However, they account for a significant proportion of an organization’s total costs (typically 60 – 80%).
Manpower Bangladesh’s team of experienced and qualified consultants have worked with reward systems employed by a number of leading Bangladesh’s businesses and have delivered projects ranging from equal pay audits through to the design and implementation of a new performance related reward system. Reward services include:
- Reward strategy and practice audit and, if appropriate, process re-design
- Design, implementation and management of new reward systems
- Equal pay and benefit audits
- Job evaluation and internal reward benchmarking
- Salary surveys and reward benchmarking against
- local or national markets
