Seeking Guidance on Crafting an Effective Rewards and Recognition Policy in HR

Mahesh Narwat
Dear Sir,

I am working in TATA MOTORS Dealership in the HR Department. I am interested in obtaining the policy on Rewards and Recognition. Could you please suggest it to me?

Regards,
Mahesh Narwat
Suhas Atharva
Rewards and Recognition Policy

Rewards should be given for significant outstanding performance that advances unit goals and should be tied to a specific accomplishment. Rewards are most effective when they are meaningful to the individual. Care should be taken in the communication and distribution of rewards so that they are not viewed as entitlements.

Rewards may be designed to reflect the unique nature of the unit's work culture and organizational structure. Rewards should not be substituted for a competitive salary plan. For example, rewards should not be used as a long-term alternative to permanent salary adjustments when these adjustments are appropriate for consistently high performance, significant changes in responsibility, increased value of a position, or internal pay equity.

Rewards are not adjustments to base salary, supplemental compensation, or variable pay programs (such as commission). Rewards should not be used as a substitute for supplies, support services, or training.
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