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INTRODUCTION TO REWARD STRATEGY

Author Name: John Lok | Format: Paperback | Genre : Business, Investing & Management | Other Details


The book discusses several important aspects of reward management, including:Importance of Reward Management: It emphasizes that reward management is a critical topic for achieving organizational goals.
Employee Engagement: The text highlights the role of employees as the main factor in organizational success and how effective reward strategies can enhance employee loyalty and expertise.


Adaptation to Change: The book addresses the need for organizations to adapt their reward strategies in response to constant changes in technology and competition.


Analyzing Objectives
From these themes, we can derive specific objectives that John Lok likely aims to achieve through his research:

To explain how effective reward management can lead to improved organizational development, learning, training, performance management, sourcing staff, and employee engagement.


To provide insights into how fair award management can attract talented employees.


To analyze the differences between traditional HRM strategies and contemporary approaches in relation to rewards.


Conclusion
Based on this analysis, the research aim of my book on reward strategy is to explore how effective reward management influences organizational success by enhancing employee engagement, attracting talent, and adapting to changing environments.

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John Lok

I am a behavioral economist known for my contributions to the field through various publications. I graduated from the Commonwealth Open University, where he likely gained foundational knowledge in economics, psychology, and research methodologies. This educational background has equipped him with the tools necessary to explore complex behavioral economic topics.

Application of Learning to Research

Understanding Behavioral Economics: Behavioral economics combines insights from psychology and economics to understand how individuals make decisions. My book applies this interdisciplinary approach by examining how cognitive biases, emotions, and social influences affect economic behavior. My academic training allows him to critically analyze these factors and their implications for market behavior.

Research Methodology: My book employs rigorous research methodologies in his work. This includes qualitative methods such as interviews and case studies, as well as quantitative approaches like surveys and experiments. By using diverse methods, I can gather comprehensive data that informs his understanding of behavioral patterns.

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