Tuesday 4 May 2010

Reward

Every organisation rewards their employees differently, this could be due to the industry the company is operating in or perhaps the standard of the business. My business rewards employee’s five different reasons.
These are:
• Receiving loyalty badge – length of stay with organisation (being employed 1 – 2 years)

• Employing of the month certificate – recognising the individual who worked very hard during a month

• Token e.g. vouchers for retail store

• Pay rise – given only to selected employees for their brilliant work.

• Promotion opportunities - It makes employees find ways to improve their performance and productivity

In this organisation each individual has the potential to receive a reward once the meet the condition. Every individual is treated the same so that there are no jealousy, envy or hatred at work.

Fairness is ensured by supervisors reporting back to the manager informing him of who worked well, updating records containing information about hard working staff so that all are given an opportunity to receive a reward.


Arguments For and Against .

For:
• That is he’s position therefore regardless of what happens he should get his bonus.
• He must be depending on the bonus to pay or purchase a product or service.
• Staff not working hard enough is not their problem.

Against:
• Sometimes chief executives have not worked as hard as they are supposing to.
• Less hours spent at work
• They should only get a bonus if there is a profit made
• All profit should be re invested into the organisation not pocketed.



Identify 3 financial and 3 non-financial ways of rewarding a teacher at a primary school. Which of these ideas would motivate you the most?

Favourite teacher should be voted for by students and a present chosen by students.

Rewarding a teacher for being 100% punctual and having 100% attendance at the end of each academic year as this shows 100% commitment to his/her job through certificate.

Student from teacher’s class who receive praise for their achievement from others such as teachers, headmistress or headmaster shows the teacher motivation and wisdom towards her student. Therefore there should be face-to-face appreciation to the teacher for his/her great effort.

Gift vouchers such as 20% off any book shop.

Every Christmas the teacher should receive a bottle of wine to show their appreciation for the teacher.

The head should give the teacher tickets for one of the adventures in the UK.

I think the one which will motivate me the most is financial because I like action with money than just word of mouth. I believe to show someone that you appreciate what they have done for you; financial power must be involved as this will make the person remember you every time he/she comes across what you gave him/her.

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