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AnuMis
Hi All, I am currently working in a Real Estate company where we are planning to start Rewards & Recognition for employee appreciation. Kindly shower in some suggestions. Thanks in advance!
From India, Mumbai
vmlakshminarayanan
919

Hi, First of all arrive at a monthly budget based your Company's budget limit.

You can plan for things like

Employee of the month
Birthday celebrations for the month
performance based recognition
Award certificates
Cash prize

From India, Madras
NK SUNDARAM
578

Rewards and recognition will always be the result of performance. Performance of an employee or a group of employees can be measured by virtue of measuring their contribution i.e. Goal versus performance. Goals can be based on contribution to the fiscal growth of the organisation. Fiscal growth has to be established first and from the top the goals are broken down to the bottom-most employee, depending upon the job role he or she is performing. Am an HR Consultant with 40 years of industry experience and 12 years of consultancy and training. I conduct online and classroom training on HR and soft skill topics. i have clients in India and Middle East. If you are interested, I can help your company to establish a robust performance management system. Many HR people mistake performance for daily regular attendance, discipline, following rules etc, which are wrong. Based on performance, rewards can be determined based on the profit of the organisation.
From India
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