Rewards

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Rewards is salaries, salary increases, bonuses, promotions, and so on often resulting from the annual review of employee performance. In the past this review has focused on meeting goals from traditional parameters: costs, productivity, schedule, and now breakthrough.

Definition

According to Juran's Quality Handbook by Defeo (7th edition),

Rewards. Salaries, salary increases, bonuses, promotions, and so on often resulting from the annual review of employee performance. In the past this review has focused on meeting goals from traditional parameters: costs, productivity, schedule, and now breakthrough.