Please provide a 200 word response to the discussion thread
In the article, The Future of Reward Management: From Total Reward Strategies to Smart Rewards, it discusses how the current philosophy of total rewards is one that businesses use to claim that they are providing a complete rewards package to employees; however, the real meaning of this term has been lost. In fact, the author goes on to explain that by creating smart rewards that are more focused on employee engagement businesses will have better results. Brown (2014) explains, “With a clear foundation in values and principles, employers can be more flexible and responsive in how they deliver those principles into practice.” (p. 149).
Brown, D. (2014). The future of reward management: From total reward strategies to smart rewards. Compensation & Benefits, 46(3), 147-151.