Wise investments for great returns: Reward systems promote high performance work teams achieving library mission

Source: Sylvia D. Hall-Ellis, The Bottom Line: Managing Library Finances, Vol. 27 Iss: 2, Early Cite, 2014
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From the abstract:
Purpose – The development and recognition of human capital is a shared responsibility reflecting a delicate balance with employees on one side and the organization on the other. Conveying the message that employees matter, are valued contributors, and will be rewarded improves morale, builds trust, and expands opportunities for growth, through challenging assignments, improving performance, and furthering skill development.

Design/methodology/approach – The typical organizational structure in a library is made up of three key components: formal reporting relationships, the identification of groupings of individuals into departments or teams, and the design of systems that ensure effective communication, coordination, and integration of efforts across units. What steps can a library administrator take to reimagine and implement a responsive rewards system?

Findings – Five recommendations for library administrators to develop and implement a rewards system.