Coronavirus Crisis as a Catalyst: Change the Way You Look at Your Rewards Structure
John Lowell
Building better retirement outcomes for employers and employees. CCA Past President. Retirement M&A. Expert Witness.
I saw these words this morning: "Your brain isn't resistant to change; it is lazy." Can we extend that? Is your corporate rewards program -- the way that you reward your employees for working for you -- resistant to change? Or is that change somehow always on the back burner?
You've looked at the survey data. You've heard the cries for help from employees. But, your rewards program remains right down the middle.
Perhaps you've tried some innovative ways to become an employer of choice. You put the ping pong table and beer keg in the break room. Alas, it didn't reduce turnover. continue reading