The Reward strategy Essay Example | Topics and Well Written Essays - 1250 words

The Reward dodging - Essay ExampleThe case study The Reward strategy discusses the development of a talented pool of personnel and the retention of those personnel is now becoming one of the primary focuses of the HR department in every sound business. Classic Travel need to put systems into place that attract, retain, and develop talent. The case study highlights that these systems also have the double-duty of keeping the job itself interesting and raise for the staff. Programs such as those that rotate employees between different kinds of units within the organisation, that encourage directed learning as well as promoting interagency communication across the stainless company are becoming an integral part to any business unit. Furthermore, the HR department must develop a system of recognition and remunerate for the staff in regards to their contributions to the agency.Furthermore, on a practical level Classic Travel, nor any company, can give out reward without some return on that investment. They would need to examine the boilersuit cost of the reward system as compared to the overall benefits not only to the employee but to the company as well. Being a travel agency which provides exclusive city breaks and short holidays to all major European countries. The case study emphasizes that Classic Travel may be subject to combine work and reward in one package. For instance a yearly training session could be held in Morocco, or some other vacation site where a three day training could also provide some much needed fun and even team build experiences. The company could pay travel training expenses and even base accommodations on a reward basis. Those staff with more customers or bigger increases in their overall business may get a private suite, and so on.