Cost Containment and Employee Engagement-Can These Competing Goals Be Reconciled?

May 1, 2011 | By Mike Ryan


Across industries, value propositions have become increasingly people-based. No matter what the business model, firms are relying on the ability and attitudes of their people—more so than any new technology or product offering—to set them apart from rivals. But with compensation comprising up to 70% of a company’s cost structure, economic conditions have forced many companies to freeze or make multiple downward adjustments to their base and variable pay programs.


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Madison creates cultures where employees love to work, learn, connect & succeed. 

 

As a global leader in Social Employee Recognition, Madison delivers intuitive and multi-faceted Recognition, Incentive, and Service Anniversary programs powered by Maestro, our uniquely configurable cloud-based SaaS technology.

With Maestro, our clients use social employee recognition to strengthen the bond between managers and their teams; and the relationship between employees and their companies.

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