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Need a policy because of a recent regulatory change? We’ve got it for you. Need some quick training on a specific HR topic? We’ve got it for you. HR Insider provides the resources you need to craft, implement and monitor policies with confidence. Our team of experts (which includes lawyers, analysts and HR professionals) keep track of complex legislation, pending changes, new interpretations and evolving case law to provide you with the policies and procedures to keep you ahead of problems. FIND OUT MORE...
Reward & Recognition Policy

A well-designed recognition and reward policy, that creates a work environment where employees feel appreciated for their efforts and contribution, serves to attract, retain and motivate employees. 

Establishing your policy and process
When establishing your policy and process, consider the following aspects of recognition and reward:

Recognition and reward should be aligned to organization values
Clearly identify what you want to reward, such as:

Ongoing excellence in performance
Performance over and above job requirements
Client compliments on service
Outstanding one-time achievement
Contribution to team effectiveness

Recognition and reward should become part of the organization's culture
How will you foster informal and formal recognition and reward?

Encourage supervisors and peers to say thank you - one of the easiest and most underused recognition tools
Encourage informal recognition on the job, at meetings, etc.
Establish formal recognition programs, based on...

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