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Rejuvenate Your Workforce, Enhance Productivity
Author(s) -
Nestor Peggy L.
Publication year - 1999
Publication title -
opflow
Language(s) - English
Resource type - Journals
eISSN - 1551-8701
pISSN - 0149-8029
DOI - 10.1002/j.1551-8701.1999.tb02197.x
Subject(s) - workforce , flexibility (engineering) , compensation (psychology) , productivity , business , key (lock) , marketing , labour economics , knowledge management , public relations , computer science , economic growth , economics , psychology , management , political science , computer security , psychoanalysis
Utilities across the country are successfully developing and implementing workforce flexibility and skill‐based compensation programs that are key to workplace innovation. Workforce flexibility gives employees the opportunity to learn and practice new skills, while skill‐based compensation provides the motivation and reward for those new skills. This article looks at the benefits of each and how they've been successfully implemented.