2. Points to be
taken care of
while
introducing a
reward
system:
Make the employees feel that they are given importance and we are
trying to improve their skills and working conditions. (Hawthorne
experiment?)
Convey the reward system to employees and why they got the
reward, let them know that it is not an incentive, or else they will start
asking it as their right.
People should be rewarded based on a measurable aspect
(production).
Take care of generation (gen x, gen y or baby boomers) while giving
rewards.
Some employees may stop giving results after achieving some
rewards.They think their turn is over.
Don’t make them feel it like “their turn contest”.
4. Rewards for
satisfying
Physiological
needs
Cash price
Restaurant/ shopping coupon
Rent/fuel/conveyance allowance
Gift personalized items or home
appliances
Provide learning opportunity
Help in children’s education
Movie tickets
Creative opportunity
Involve them in committees
(they will have new and better
ideas)
Technological upgrade
Give challenging work
5. Rewards to
satisfySafety
needs
Loan assistance
Health care benefits
Insurance
First aid
Promotion (job rotation)
Rest between work
Make temporary employees
permanent in organization
Work life balance (time off)
6. Rewards to
satisfySocial
needs
Give opportunity to attend
seminars, workshops etc.
Vacation
Write about their
achievements in magazines,
notice board, website etc.
Extra day off
Flexibility in time
Club membership.
Tour package.
Assist boss to some
important meetings.
7. Rewards to
satisfy Esteem
needs
Announce their
achievements in family get
together and other important
functions.
Ask their suggestions.
Make them part of
formulating policies in their
department.
Adapt him way of doing work
and can ask other employees
to follow /work study)
New cabin
Challenging jobs.
Awards and certificates.
Make him team leader.
Honor them in staff meeting,
give a Standing ovation.
Lunch with boss.
Parking spot.
Promotion.
Training in a good institute.
Give a title and recognition
Decision making