A company's reward system has little effect on its culture.

Question

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A company's reward system plays a significant role in shaping its culture. The type of rewards offered and the criteria for receiving them can influence employee behavior and attitudes, which in turn impact the overall culture of the organization. For example, if a company rewards only individual achievements, it may foster a competitive culture where employees are less likely to collaborate and share ideas. On the other hand, if a company rewards teamwork and innovation, it may cultivate a more collaborative and innovative culture. The rewards that a company offers also communicate its values and priorities to employees, which can further shape the organizational culture.

A Company's Reward System Has Little Effect on Its Culture