Hi ,
We are planning to enhance our rewards and recognition system. Ours is a manufacturing company with 400 employees. Presently we have annual excellence awards, Stock options, 5S awards, Best suggestion awards.We are planning to introduce new rewards like employee of the month, spot recognition etc.. I am interested to know what are the best practices in this area.
Please share your practices
Regards-Ramesh
From Singapore, Singapore
5We are planning to enhance our rewards and recognition system. Ours is a manufacturing company with 400 employees. Presently we have annual excellence awards, Stock options, 5S awards, Best suggestion awards.We are planning to introduce new rewards like employee of the month, spot recognition etc.. I am interested to know what are the best practices in this area.
Please share your practices
Regards-Ramesh
From Singapore, Singapore
Dear Ramesh,
Its great thing that your organisation is concerned about rewards & Recognition.
As far as Reards & recognition is concerned you should keep in mind that it should
be honesh having no prejudice otherwise its impact can be just reverse.
It is also to be taken care that the period and definite schedule for this rewards & recognition. i am attecing the fotmat of my organisation practising the Employee of the month.
Sincerly,
Navin Kumar
From India, Ahmadabad
Its great thing that your organisation is concerned about rewards & Recognition.
As far as Reards & recognition is concerned you should keep in mind that it should
be honesh having no prejudice otherwise its impact can be just reverse.
It is also to be taken care that the period and definite schedule for this rewards & recognition. i am attecing the fotmat of my organisation practising the Employee of the month.
Sincerly,
Navin Kumar
From India, Ahmadabad
Dear Navin,
Many thanks for sharing this. It will be great if you share the procedure and system of evaluation for objetively selecting the right candidate. You know it is very sensitive issue
Regards-Ramesh
Regards-Ramesh
From Singapore, Singapore
Many thanks for sharing this. It will be great if you share the procedure and system of evaluation for objetively selecting the right candidate. You know it is very sensitive issue
Regards-Ramesh
Regards-Ramesh
From Singapore, Singapore
Dear Ramesh,
Its is true, it sould be fair. What you have to do. you prepare SOP which will brief the Title of Reward, its frequency and period of delivery and department/ employees eligible. You will have to also prepare the nomination form which will be send to HOD
of concerned department and they have to select the names from their department and will be sent through nomination form.
You will have to also decide the jury member announcing the winner as mutually discussed.
Hoping you must have got idea of it.
Sincerly,
Navin Kumar
From India, Ahmadabad
Its is true, it sould be fair. What you have to do. you prepare SOP which will brief the Title of Reward, its frequency and period of delivery and department/ employees eligible. You will have to also prepare the nomination form which will be send to HOD
of concerned department and they have to select the names from their department and will be sent through nomination form.
You will have to also decide the jury member announcing the winner as mutually discussed.
Hoping you must have got idea of it.
Sincerly,
Navin Kumar
From India, Ahmadabad
Hi,
Iam into organized retail business and looking for Ideas on Types of Rewards and Recognitions for my Retail staff.
At the lower end of costing we need to be innovative with new ideas to keep the staff motivated as well as keep the cost in control.
In these inflation times the most demanding is "Cash" but then the quantum is small hence it becomes ineffective.
Please help me sharing your ideas and what all you are doing to keep the ship floating.
Regards,
Shridhar Bhagwat
From India, Mumbai
Iam into organized retail business and looking for Ideas on Types of Rewards and Recognitions for my Retail staff.
At the lower end of costing we need to be innovative with new ideas to keep the staff motivated as well as keep the cost in control.
In these inflation times the most demanding is "Cash" but then the quantum is small hence it becomes ineffective.
Please help me sharing your ideas and what all you are doing to keep the ship floating.
Regards,
Shridhar Bhagwat
From India, Mumbai
"Best Talent of the Year" Shining Star or You are a Shining Star "Great Job" "110% Solution" "You Make The Difference" "Out of the box initiative" "Pillar of Success"
From India, Coimbatore
From India, Coimbatore
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From India, Mumbai
https://www.amazon.in/Invisible-Hand.../dp/B01N2314V2
https://www.amazon.com/Invisible-Han.../dp/B01N2314V2
The Invisible Hand-How to reward employees without killing the motivation of others.
read my latest book in amazon
also i can privide free advise on book purchase
From India, Mumbai
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Retaining Your Employees - Using Respect, Recognition and Rewards For Positive Results.pdf
Rewards & Recognition.doc