This document proposes improvements to employee reward systems by introducing AWARD 2.0. It outlines 5 reasons why current employee reward systems are ineffective, such as rewards going to underperforming employees who stay late to impress bosses. It then presents ideas for improving the award process, including using a nomination form requiring verifiable evidence, establishing an honor code, and showcasing winners. The document concludes by suggesting 5 potential improvements to make the system more merit-based, truthful, aspirational, aligned with company goals, and morale-boosting.

1. Award framework
By Arun Purohit
Introducing
AWARD 2.0

2. Lets first find out 5
reasons why
employee reward
systems SUCK

3. #5 Bozos stay put overtime to impress the bosses ?

4. #4 Very little given beyond a certificate and claps ?

5. # 3 The smart guys just slip
through?

6. # 2 Little questions the nominations
from Top guns

7. #1 Crying babies walk away with milk ?

8. WHY MUST WE CHANGE THIS ?
Duty? Activity ? Mission? Transformation? Software

9. HOW CAN WE?

10. Here are some ideas:

11. Award Process Engine 1.0?
Finding Top
performers
Nomination
Form
Verifiable
Evidence
Honour Code
I
Innovation culture
High performance
Better Morale
Better Product
Inspirations
Winner list+
Certificates+
Gift Vouchers+
Linked in Reco
??
Innovator wall
Impact Analysis
Verification
Scalability
Showcase + Voting
Panel
Skill Demo

12. 5 potential improvements

13. #5 Relies on solid evidence

14. #4 Merit. Nothing but the merit
Defining the
ethics nominator
and panel will
follow
Truth. Nothing less than the whole truth

15. #3 Making it coveted. Aspirational

16. #2 Aligned to company KPIs , KRAs

17. #1 Highest Morale

18. Conclusion

19. LWehtast ’sm Yaokuer Mit ebsestatgeer?