For this project, a reward is something that sends a message to employees about what our organization values. For example, if we say that we value higher education and we provide free tuition, we are aligning our reward of free tuition with our value of higher education. However, if we say we value career development, but do not provide employees with the opportunities to increase their skills by giving them additional responsibilities, we are missing the opportunity to align our reward of additional responsibility and skill development with what we value, career development. Valuing career development requires more programs, services, and philosophies than the tuition waiver. You can see why it is critical to the University's success to accurately align rewards with values.
Rewards come in many forms including pay, benefits, training programs and performance management.
Watson Wyatt Project Team Watson Wyatt is the human resources consulting firm that is working with the University on this project.