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Statement 2: Our new reward system places a strong emphasis on seniority. Employees who have been with Lexi Co for the longest period of time will receive the highest bonuses and salary increases. This motivates employees to stay with the company for years. To enhance employee performance, it's crucial to keep performance goals and expectations vague. This encourages employees to use their creativity and initiative to meet objectives in their own way. Clear and specific performance goals limit employees' flexibility and stifle innovation. In our revised reward policy, employees will no longer receive any bonuses or salary increases. Instead, they will be provided with a token of appreciation, such as a thank-you card or a small gift, for their efforts. This approach helps in reducing costs and ensures that everyone is treated equally