Reward Stategy of Top companies

1. By Disha Kapadi
Roll No- 82
Sasmira’s Institute Of Management Studies And
Research,Mumbai

2.  Employee motivation Scheme
 I-Appreciate
 Long Service Awards
 Employee Awards (given Annually)
 Business Acquisition Awards
 Sales Awards (given Annually)
 Team Academy Awards (given Annually)
 Technology Awards (given Annually)

3.  Production incentive
 Festival allowance
 Housing facilities
 Uniforms
 ECS facility(Employee credit facility)

4.  Bonus and other incentive programs
 Special recognition
 Employee Benefits and Services

5.  Recognition And Career Enhancement (RACE).It
works on four basic principles of Passion, Pride,
Progress and Prosperity
 Iapplaud- The Language of Appreciation @ Kotak
 Hall of FLAME- Rewarding the Right Behavior as per
our Value System
 Long Service Awards
 Benefits @ Kotak

6.  Assistance in Money Management
 Leave options like maternity, paternity, extended
maternity, annual leave, sick leave, adoption leave,
leave without pay.
 Medical & Insurance Benefits
 Retirement
 Rewarding Performance
 Employee well-being and safety