Searching Recognition on page 26

As the hitherto unrecognized issue of caste inequalities in workplaces around the world gains recognition (see Attri et al. 2021; Bapuji and Chrispal 2020; Chrispal et al. 2021), it is important for managers to understand the caste system, its effect on individuals and their well-being.

Each report explores a different aspect of reward management: The impact of COVID-19 on finances, pay decisions and forecasts;Management of base pay, variable rewards and recognition;Employee financial well-being;Employee benefits;Rewards fairness;The living wage.; The survey took place in October 2020 and garnered insights from 420 reward professionals spanning the private (67%), public (15%) and voluntary (16%) sectors.

The app records and encrypts relevant HR data such as work attendances (based on facial recognition), work contracts, shifts, orders and reviews and feedback from recruiters.

The leading multiple-choice pick was HR policies, at 74%, followed by development/performance management (62%); compensation (45%); recognition (33%); benefits (29%); and recruiting (6%).

Gagné and Forest (2008, 2020) went further by outlining how different compensation characteristics are likely to influence the satisfaction of these three psychological needs and consequently work motivation: Absolute income level has been shown to increase intrinsic motivation as it signals the recognition of high competence and the value of the employee to the organization (Kuvaas 2006).

.; REVISION OF INCENTIVES IS NEEDED TO ADDRESS THE FUTURE-OF-WORK CONFLICTS In the context of pandemic-driven workplace transformations, incentives, rewards and recognition remain among the manager’s most effective tools for change ( Schweyer 2021).

This might include flexible work arrangements, diverse career development paths and varied recognition and reward systems that resonate with different generational values.

This used to be a relatively common recognition and was the rationale behind enacting policies in the post-war period that helped ensure that labor’s share of income was high and wage growth was distributed equitably throughout the distribution — in effect that workers were reaping the fruits of their labor.