Business Finance Homework Help

I’m working on a business writing question and need support to help me learn.

Question: You are providing HR consulting services to your client, Fantastic Material Inc. Your client is a high-tech company producing special use rubber materials for a wide range of industrial products. The CEO of Fantastic Material Inc. is excited about the growth opportunities in newly emerged manufacturing industries that express strong need for special use rubber materials. However, the company is also concerned about fast growing competitors. With this concern in mind, the CEO wants to create a workplace environment where employees are willing to offer innovative ideas for new products and market opportunities.

Given the information, what type of reward system would you recommend to your client and why? If your client decides to follow your recommendation, what are the potential problems you would like to make them aware of?