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Non-Cash Rewards Gaining Popularity with Employers

A recent survey of blue-chip companies in the United Kingdom indicates that in 2010 employers will place less emphasis on rewarding staff with cash and greater focus on fostering work/life balance and career development.  The survey, conducted by Mercer, found that more than 27% of respondents believe that their reward strategy will change permanently as a result of the recession. The survey, conducted in September 2009, collected pay and reward data from 41 companies.

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