What is another word for reward systems?
Pronunciation: [ɹɪwˈɔːd sˈɪstəmz] (IPA) 
When it comes to employee motivation, it is important for employers to have well-designed reward systems that help retain, engage, and inspire workers. However, there are many other ways to describe these systems in addition to "rewards." Some synonyms for reward systems include recognition programs, incentive schemes, compensation plans, performance-based compensation, and bonus structures. Whichever term is used, the goal is the same: to incentivize employees and help them feel valued for their contributions. Using these types of systems can help encourage employees to work harder and improve their productivity, ultimately leading to a happier and more motivated workforce.
