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REWARDS AND RECOGNITION
Introduction
Reward & Recognition External Data ,[object Object],[object Object],[object Object],2006 2007 Cnbc survey -2008
The Four Elements P O R T raise pportunity hank you espect
PROGRAM PURPOSES ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],The Nature of Reward system
[object Object],[object Object],[object Object],[object Object],[object Object],A MODEL OF REWARDS SYSTEM
 
 
 
 
 
Total Rewards Components + + + = Total  Rewards Benefits Reward and Recognition Variable Pay Base Pay
R&R Overview  14 Base Pay Bonus Benefits Equity Rewards   & Recognition Top objectives for R & R  programs include motivating high performance, reinforcing desired behaviors and creating a positive work environment. R & R programs have grown over the years from informal “thank you’s” to plans with a written strategy and more defined budget.
What is Recognition? ,[object Object],[object Object],[object Object]
Why Focus on Recognition? ,[object Object],[object Object],[object Object],[object Object]
Recognition in General ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Evidence from Best Employer Studies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Recognition types ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Design Goal: Peer Recognition
[object Object],[object Object],[object Object],[object Object],Design Goal: Formal Recognition
 
Achievements Recognized by  Fortune’s  100 Best Companies to Work For Percent of  Companies
Awards Used by  Fortune’s  100 Best Companies to Work For Percent of  Companies
Reward & recognition approach –outcomes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Future Reward and recognition Challenges ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Reward and Recognition Program Design ,[object Object],[object Object],[object Object],[object Object],[object Object]
Trends and Best Practices ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Characteristics of Successful Programs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Rewards And Recognition

  • 3.
  • 4. The Four Elements P O R T raise pportunity hank you espect
  • 5.
  • 6.
  • 7.
  • 8.  
  • 9.  
  • 10.  
  • 11.  
  • 12.  
  • 13. Total Rewards Components + + + = Total Rewards Benefits Reward and Recognition Variable Pay Base Pay
  • 14. R&R Overview 14 Base Pay Bonus Benefits Equity Rewards & Recognition Top objectives for R & R programs include motivating high performance, reinforcing desired behaviors and creating a positive work environment. R & R programs have grown over the years from informal “thank you’s” to plans with a written strategy and more defined budget.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.  
  • 20.
  • 21.
  • 22.
  • 23.  
  • 24. Achievements Recognized by Fortune’s 100 Best Companies to Work For Percent of Companies
  • 25. Awards Used by Fortune’s 100 Best Companies to Work For Percent of Companies
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.