Hello All,
I'm looking to make a list of all possible forms of 'Reward and Recognition' that are being used in Software Companies. I'd be grateful, if you can let me know of the practices at your company.
Once I collate it, I could share the same, with you, right here.

From India, Bangalore

First of all you must determine what you want to reward and have categories in terms of competence, initative, behaviours, attitudes, achievements etc. Then decide if you would use monetary or non-monetary forms of reward and recognition.

Rewards and Recognition can come in form of

Letters/mail/memos to the employee concerned and to the entire staff of the organization about the ahievement or behavior etc, eventually this is documented in the employee's file.

You can give day(s) off work if they would appreciate this.


You can publish their names on the notice board or company newsletter.

You can name a conference room after them.

You can give books (addressed to the individual for the particular recognition) e.g. Being the best leader/motivator, best sales person, best dressed lady/gentleman etc.etc.

You can decide to have a quarterly or bi-annual mini programme where people have something to eat and then announce these rewards and recognitions etc.

Of course paying a bonus is one sure way of rewarding good performance.

Hope this helps if I get more information I will contact you again.

From Nigeria
Hi Joshua,
We reward our employees on the following basis:
1. No. of projects completed in a set time frame.
2. No. of errors/bugs
3. Client's feedback on same.
4. Punctuality
We keep on monitoring the performance by taking feedback from TL/PM and if it qualifies the above parameters, the employee is rewarded either by a cheque amounting to his basic salary, gifts like books/ momentoes or lunch with CEO.
Let me know what parameters you finalize for your company.

From India, Delhi

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR.Comô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server