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Effective staff motivation has become increasingly crucial for global companies. Over the years, numerous incentive schemes and bonus plans have emerged, reflecting a shift in perspective where employee rewards are seen as key investments rather than mere expenses. Organizations aim to retain skilled employees and minimize recruitment costs by exploring the connections between rewards, performance, and motivation. This paper discusses the importance of aligning these elements as a strategic approach to enhance human capital within businesses.
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Leadership and job motivation in international corporate governance, Sebastian Wagner
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- 2014
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