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Among directors serving as interim CEO, 88% received compensation in recognition for their service.

For WorldatWork Members ;Bonus Programs and Practices , research; ;2024-2025 Salary Budget Survey , research; ;Action Versus Motion , Workspan Magazine article; ;Rewarding Great Ideas: Using Pay to Encourage Innovation , Journal of Total Rewards article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; Reuse Permission At the heart of successful organizations lies a compensation strategy that attracts, retains and motivates employees.

Proven recognition.  

In 2024, Sheena was named HR Leader of the Year by the Houston Business Journal, in recognition of her outstanding contributions to Apache.

Thus, employers should carefully consider which behaviors they want employees to engage in and provide recognition or rewards to motivate them.

It also provides a platform for more immediate recognition and reward, which can be a powerful motivator for employees.

;Improving your employee recognition efforts.

Direct compensation of employees, synthetic equity, benefits optimization, project tokenization, award and recognition tokenization and company-specific restricted coins are rewards areas where blockchain can be utilized by organizations.

According to 70% of employees surveyed, being empowered to make decisions is the most motivating factor, followed by recognition of accomplishments (68%) and work location and flexibility conducive to work/life balance (67%).

This could be a response to the changing expectations of the workforce and a recognition of the importance of resilience in organizational success.