Hello, everyone. I have created a Rewards & Recognitions PowerPoint presentation for my company, which we would like to implement starting in April 2024. Could someone please provide guidance and valuable suggestions for corrections and the process?
Regards,
Priyanka
From India, Mumbai
Regards,
Priyanka
From India, Mumbai
Your PPT is okay. However, your Rewards and Recognition will have no impact unless they are linked to performance. Otherwise, the HODs or the assessors will have a fun time favoring those who are goody-goody to them.
I am an HR consultant and also a soft skills trainer. I have had clients in India and in Gulf countries exclusively to audit and train employees on Performance Management System and its philosophy. Every reward has to be linked to the employee's contribution to the organizational growth in terms of revenue, new clients or customers, fewer complaints, more customer satisfaction, saving money for the organization, and much more.
Goals have to be set, and performance is monitored regularly and assessed at the end of the financial year. A weightage is given to the performance, and this has to be linked to the award. A portion of the profit earned by the company through employees' contribution can be set aside for the rewards and recognition. The best performers or contributors are paid more. PMS is nothing but differentiating the best performer from others.
Best wishes
From India, Bengaluru
I am an HR consultant and also a soft skills trainer. I have had clients in India and in Gulf countries exclusively to audit and train employees on Performance Management System and its philosophy. Every reward has to be linked to the employee's contribution to the organizational growth in terms of revenue, new clients or customers, fewer complaints, more customer satisfaction, saving money for the organization, and much more.
Goals have to be set, and performance is monitored regularly and assessed at the end of the financial year. A weightage is given to the performance, and this has to be linked to the award. A portion of the profit earned by the company through employees' contribution can be set aside for the rewards and recognition. The best performers or contributors are paid more. PMS is nothing but differentiating the best performer from others.
Best wishes
From India, Bengaluru
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