While offering competitive pay is a crucial part of talent acquisition, recruitment, and retention; a transactional paycheck alone does not suffice. Proactive HR leaders now understand that adequate compensation accompanied by a well-rounded rewards and recognition program with ample employee engagement initiatives is what paves the way to a holistic employee experience. Although, more often than not, the terms ‘rewards’ and ‘recognition’ are used interchangeably, which can be a conundrum when it comes to designing your own R&R framework. For instance, a common question that may arise is ..read more