Helping focus people on the longer term, variable pay can make people economic stakeholders in their enterprise. Companies find that recognition and celebration make your company special. They can concentrate attention on achievements at the team and individual levels and make your company unique and exciting. What is really breakthrough relative to recognition and celebration is their ability to change as needed. Rather, thinking out of the box and seeking creative ideas are what is needed.
Benefits play a role of providing protection from many of life s potential hazards.
They give people the message that the company cares. First, they believe that people are their primary source of differential business advantage not just executives but all employees in the company. So they want to make people stakeholders in their business. They want people to buy into their goals and objectives and do what s necessary to add value. Second, these companies are tolerant of employee involvement and participation in helping run the business.