In 2013, chief financial officers (CFOs) indicate they will be placing greater emphasis on employee reward programs to improve productivity.
In 2013, chief financial officers (CFOs) indicate they will be placing greater emphasis on employee reward programs to improve productivity.
A recent survey from Grant Thornton found human capital to be one of firms' top assets, making its management and maintenance a key consideration in company decisions and operations, including how staff members are recognized for performance.
CFOs indicated a number of ways in which they seek to support employee well-being, with more than three-fourths planning to either increase or maintain workforce numbers in 2013, according to the research.
Such high figures are supported by a belief among CFOs that the market is looking up. In fact, nearly 70 percent of respondents said the U.S. economy will improve or remain stable during the next six months.
As business outlooks improve, staff members may expect to see recognition for their efforts, including rewards such as vacations, plaques and special items.
