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Reward Systems differences between countries

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Explain how reward systems vary between countries. Identify 3 countries that you can research and find this information. How would consultants use this knowledge to enhance the success of their cultural awareness pursuits?

Document your ideas with a Peer Reviewed article that you have read from the Online Library. Note: you will need to research at least 3 countries to answer this DQ.

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Reward systems vary throughout the world based upon values and culture. Rewards may be financial, social status, job content, career or professional. In China, traditionally the annual salary system and stock option are both utilized as rewards (Ping, 2008). Recently, Chinese have been encouraged by the concept of duo lao, duo de (more work, more pay). In addition, training is also used as an incentive since it is viewed as giving the employee more power. In Japan, reward systems are most often based upon seniority with emphasis put on the bonus system. There is a discernible difference place upon the regular workforce and the ...

Solution Summary

This solution details the differences in reward systems in three countries based on their culture. It includes examples.