Examlex
Kane (1996) argues for an approach that emphasizes ethical pluralism that does not imply indifference. He calls this approach:
Reward System
A reward system is a structured plan to provide benefits, both monetary and non-monetary, to employees for their work achievements and performance.
Performance Bonuses
Additional financial rewards given to employees for achieving specific performance targets or exceptional work contributions.
Rewards Provided
The various forms of benefits, compensation, and recognition given to employees in acknowledgment of their work performance and contributions.
Compensation Strategy
outlines how an organization plans to reward its employees, balancing between monetary payments and non-monetary benefits.
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