Sun.Mar 23, 2025

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Deep Dive on Budgeting for Employee Recognition and Reward Programs

Vantage Circle

I still recall the day when my manager insisted I attend a boardroom meeting with him. I was surprised at first, but then I joined the meeting. The agenda was about increasing the budget for our employee recognition program. The Chief HR was trying to justify why there should be a budget increase. However, with his skeptical look, the CFO asked, "Do we really need to spend more on this?