Reward Systems in Different Cultures Based on Cultural Values

International staff
Internationally competitive and comparable compensation and benefits package
Besides salary receive relocation assistance, installation and rental allowance, education assistance and education travel, home country travel and allowance, insurance, retirement benefits, etc.

Switzerland
Desires job stability & security
Respecting & acknowledging people’s opinions
Appreciate personal development opportunities
No unnecessary praising
Work-life balance

Conclusions
Reward systems is essential in every company to motivate employees
Reward type was influenced by the value systems inherent in different countries/cultures
Having the same reward system for international staff can be hazardous & dangerous
Reward can be anything that is valuable for an employee
Reward system can also be influenced by other factors

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