The Three P's Of Reward And Recognition
- Topics:
- Rewards and Recognition
- Tags:
- Human Resources,
- Job,
- Management,
- Recruitment & Selection,
- Reward,
- Team Management,
- Team-building,
- Team-Building Tips,
- Workforce Management
- Source:
- Team Building Tips
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Overview: Motivated people offer great potential for success in business projects, team efforts, and job performance. A reward and recognition program helps to motivate people best when it offers everyone in the organization an opportunity to be acknowledged and the people involved are openly recognized as valuable to the business. Most business managers realize there are two types of rewards, monetary and non-monetary. Monetary includes hard dollar incentives in the form of bonuses or raises individuals or groups may receive for satisfactory or above work performance. Non-monetary rewards are what many managers think of in relation to promotions, high-profile job assignments, or other form of soft recognition.
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Format: HTML | Date: Jan 2009 | Pages: 3
