Rewards And Recognition - Best Practice - PDF Download

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

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

Dear Ramesh,
Please refer the attechment as per your need.
Sincerly,
Navin Kumar

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

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

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

HAI FRINDS,
REWARD OR AWARD IS MEANT FOR RECOGNISATION OF ONES TALENT. RECOGNISATION ITSELF ONE KIND OF MOTIVATION. MONEY IS NOT ONLY THE MOTIVATION OF ONES SELF SATISFACTION. THERE ARE MANY MOTIVATIONAL SCHEMES PREVAILED IN NATURE.

"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"

Hi all,
I am about to circulate Employee of the Month policy. Could you please help me in drafting motivational email
Regards

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