Hi Ankita, as far as Employee Engagement goes, you have been provided with the best document that contains Employee Engagement in a nutshell by Aberdeen. I thank him for sharing this piece of info. I had exactly the same question yesterday, i.e., Metrics or Parameters for RnR Programs.
Parameters for Reward and Recognition
Here are a few parameters that I suggested to a member. These are the ones that I have generally used in all the organizations I have worked. The parameters for Reward and Recognition, for any industry, are almost the same.
1) **Attendance:** I particularly feel that attendance is one parameter that shows an employee's dedication towards his work. Whenever I hire a new individual, I always take a look at his previous company's attendance.
2) **Productivity:** Here you need to get in touch with the operations managers and ask them to rate the employees on their productivity.
3) **Speed of Improvement:** Now this is a little catchy. This is related to productivity; however, it needs to be perceived a little broadly. You need to ask the operations to rate the employee separately on his amount of productivity (point 2) and on his speed or rate at which his productivity is growing.
Let me give you an example here: There are 3 candidates - A, B, & C. All three have completed a year in the system. However, A scores high on attendance, scores low on the other two parameters, B scores high on the first two; however, C scores high on Attendance, low on Productivity, but very high on Speed/Rate of improvement. In such a case, C is a better employee among these three!
The parameters should be the same for monthly evaluations as well.
Another parameter that you can use is "Contribution to Development," i.e., how much the employee contributes towards the development of other employees and his subordinates. Any employee who develops another employee is always an asset to the organization. You can get in touch with Operations and ask them to rate the employees accordingly. Please remember: For the evaluation to be just and synchronized, always use the percentage method or a rating from 1 to 10. The percentage method is easier for Attendance, Productivity, and Rate of Growth. For Contribution to Development, you can use the 1 to 10 rating and then later convert it into a percentage. Thus, the employee with the Highest Average Percentage for all the 4 Parameters is the best employee for that month or year, respectively.