The reward and recognition practices were started in the era of human relation, wherein principles of Douglas Macgregor, vroom theories and Maslow hierarchy of needs were coined. The principles and practices were changed over a period of time.
These activities have undergone many changes from time to time, sometime it is monitory and sometimes non-monitory, sometimes it is voluntary or sometimes it is non-voluntary, sometimes in the plant and sometimes out of plant as per the changing business needs. In defence sector, no monitory or cash reward is provisioned. However, non-monitory rewards in the form of commendation letter are given through proper channels. Medals/Ranks are given as per length of service or on promotion.
Also read: Manager should be able to understand the change in Workforce Psyche – Anupreeta Lall
In government sectors or PSU (Public Sectors Undertaking), It is more in the form of promotion through a process of ACR (Annual Confidential Record)/up-gradation are given but luxury of...