What has surprised me the most about Praxis is their ability to deal with a wide range of organizations and circumstances, without diluting the quality of their service.
Culture
Compensation and Incentive Design
Organizational rewards are one of the key drivers of employee performance because they are tangible evidence of what behaviors are valued.
Praxis works with client organizations to:
- Align short-term and long-term cash, stock and recognition programs to more effectively support overall strategic goals
- Assess existing financial and non-financial incentive systems to determine which elements provide the most direct motivation
- Identify and reconcile conflicting incentives
- Identify and recommend short-term incentives to fill any existing gaps, including design of new bonus programs when appropriate
