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5. Reward systems (Connect, Perform) Reward system Symbolic value Base pay Indirect compensation Flexible reward system Surface value Compensation packages Incentive system Perquisites Participative pay

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5. Reward systems (Connect, Perform) Reward system Symbolic value Base pay Indirect compensation Flexible reward system Surface value Compensation packages Incentive system Perquisites Participative pay system Use each of these individual reward system terms to identify the following reward examples. Use each term no more than once. If some of your employees need daycare, some want greater retirement contributions, and some want a more generous healthcare plan, which is the best reward system to implement? the Vice President level or higher. You receive a job offer with a $55,000 salary. To ensure that your organization's new reward system best meets your employees' needs, you create a task force comprised of people from all ranks and locations across the company to provide input into the new system. I A car and driver, rst-class travel, and a golf club membership are given to all employees at

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