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Reward management is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably, and consistently in accordance with their value to the organization, and hence reward management is a strategic matter. It deals with processes, policies, and strategies, which are required to guarantee that the contribution of employees to the business is recognized by all means. This book maintains a fine balance between theory/ concept and application/practice in the Indian context and offers crucial findings from academic research along with the latest developments in organizations and industry.
