Reward Policy - Organizational Performance - CiteHR

Prime Sponsor - - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Dear All,
I am designing reward policy for engineers, group leaders & above level best on there quarterly performance. This will help me to motivate people as wall as retain them in organization.
Your help is required to define such policy.
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
KCR, You will need to ask yourself and answer a number of questions first. Some of these are:
-What rewards are most meaningful for your employees? –money, recognition, awards?
-How are employees currently rewarded?
-What is your company’s budget for the new system?
-Will rewards be conditional on overall company performance?
-How is employee performance currently evaluated?
-How should employee performance be evaluated?
No rewards and recognition program operates in a vacuum. What is best for your company depends on what went before and your organization’s context. The above questions will hopefully help you think through what is best for your company.
You can find more on employee reward and incentive systems at
Vicki Heath
Human Resources Management Resources
Prime Sponsor - "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™