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For a small company like us, since the income is also small, compensation policy does not always can satisfy the employees. Therefore, there has to be very effective motivational factors which can drive the employees towards achieving company objectives.
Besides, the main productive employees of the company are the software engineers, profession of which has highest demand in domestic and international market...
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It is very difficult to keep the employees from such profession within a company for a longer period if there are not effective motivational factors applied in the right manner as they have plenty of options to decide in the job market. That is what exactly happened number of times in my organization...
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