Cover Story - Rewards & Recognition

How crucial it is for organizations?

The cost of a recognition system is quite small and the benefits are large when implemented effectively like increased individual productivity, greater employee satisfaction and enjoyment of work - more time spent focusing on the job and less time complaining, higher loyalty and satisfaction scores from customers, teamwork between employees is enhanced, lowers employee turnover etc. Read More..

Designing a recognition program

Samir was worried about the profitability of his 200 million rupee company. Samir was operating with minimal raw material and labour cost. He did not know where to save further. The next biggest operational cost was oil consumption. Read More..

01-Dec-2016

Employee feedback- A crucial link

Employee feedback is the crucial link between the employee performance and recognition. As a line manager, if you have not communicated to employee about his contributions and the strengths that he brings to the table, employee would find it difficult to connect with the award. Read More..

01-Dec-2016

R&R Practices at GHCL - Pay for performance & behaviour

Formulating and putting into practice an impregnable reward and recognition system demands for careful and immaculate analysis of the companys policies and procedures. Deciding how to recognize employees efforts and what to provide them requires thorough analysis of responsibilities and risks involved in a particular job. Read More..

01-Dec-2016
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Article of the Month - December 2016

From Editorial Desk