How Does Your Company Innovate in Employee Recognition and Rewards? Seeking Ideas!

Hi Anitha Simon,

I would like to know what your company's best practices are related to employee recognition and rewards. Are there any unique or innovative approaches that your company takes to recognize and reward its employees? Please advise.

Thank you.

Hi Anitha,

In my company, we give the "Star of the Month" and "Star Team of the Month" awards every month. The chosen employee/Team gets a certificate and a coupon of Rs 750/- for an individual and Rs 1500/- for a team to have lunch/dinner. We also give a cash bonus when someone shows outstanding performance. This bonus may sometimes be as high as an employee's monthly salary.

In addition to this, for recognition, we always make it a point to send appreciation emails to employees. These emails usually come from either the CTO or Delivery Managers of our company.

Regards, Vidya

Hi Anitha,

We are running the following Reward & Recognition programs within the organization. The main motive behind running such programs is to give recognition to at least 20% of the total manpower. Guidelines for each of the programs should be clear, and employees should be aware of them. If the award is given in the presence of top management, it adds value and weightage to it. If the company has a monthly newspaper or bulletin board, they can mention the same on it.

1. Monthly best attendance award (Top 3)
2. Quarterly best team award
3. Best employee of the quarter
4. Best suggestion award
5. Emerging leadership award
6. Employee of the year

Since ours is a Group company, we also have the best group of the year scaled on 5S, production, TQM, TPM, and revenue contribution.

Thank you.

1. Best Suggestor Award
2. Best Sportsman
3. Employee of the Month
4. Bravery Award
5. Best Community Development Award
6. Best Entertainer
7. Best Attendance Award (Monthly/Yearly)
8. Best 5-S's
9. Highest Production Award
10. Zero Rejection Award
11. Zero Accident Award, etc.

Hope this serves your purpose.

JITEN

Hi,

What are the criteria for selecting the Star of the Month award? Can you elaborate more on the Best 5S? How do you do?