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Evaluating the Effectiveness of Reward Strategy at Tesco:Evidence from Selected Stores in UK
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Nowadays adopting effective reward strategy is one of the most prominent and frequently discussed issues in many organizations.If the reward is managed and distributed effectively it can benefit many organizations including Tesco. This paper seeks to analyze the effectiveness of reward strategy at Tesco based on the selected stores in UK. It has adopted a mixed approach of analyzing reward effectiveness at Tesco. Data collection technique focused on both primary and secondary sources. A total of 40 interviews were conducted of which 10 were in-depth interviews that combine both structured and open ended questions. The study found that the employees at Tesco were satisfied with existing reward system, and also felt that current reward strategy is meaningful and effective.
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