The Horizon Of The Implementing Measurement And Reward Systems

Abstract

Apparently, corporate incentive and reward systems can be significant tools to implement CS and align the interests of the corporation, the managers, and the employees. This is because they can reinforce the sense of responsibility of the employees and hold them accountable for their contribution to the sustainability strategy, by developing all the necessary measurement and evaluation systems on the corporate culture. Equally, the performance measurement and reward systems seek to steer the behaviour of the employees towards the strategic goals. In this light, they are needed to appraise the benefits for implementing sustainability. 121 Since the incentive compensations systems can tie the employees to the CS vision, thus, enhancing their work engagement, reinforcing their commitment, and keeping them more motivated. What’s more, the measurement systems are important to evaluate the rewards or bonus allocation, and verify whether the company is performing in the right track.