Rewards And Recognition

1、rewards and recognition introduction reward reduced levels of sickness absence being sustained per yr. improved recruitment into hr practises; reduced business mileage due to travel for work plans being integrated into reward strategy; improved employee satisfaction levels: 73% satisfied; (source: i

2、psos mori 2007 survey - compared to 62% la / public sector comparators and 63% overall). improved employee advocacy about the council as an employer: 50% speak highly; (source ipsos mori 2007 survey - compared to 33% la / 41% overall). satisfaction with reward and benefits (excluding salary): 67% sa

3、tisfied; (source ipsos mori 2007 survey compared to 58 % la/public sector and 58% overall). future reward and recognition challenges implementing annual total reward statements, delivered via e-business suite; implementing more flex in the benefits offering and enhancing the choice for individual em

4、ployees, e.g. trading salary for extra holidays, benefits package for carers and not just childcare; increasing the level of workforce knowledge and skills around reward by offering financial education for the workforce in partnership with the financial services authority renewed focus on internal c

5、ommunication and manager role in the reward relationship; changing the nature of our reward delivery with the implementation of a shared service joint venture; doing it all within tighter resource constraints! 28 reward and recognition program design what? why? characteristics of a successful progra

6、m plan design steps best practices examples 29 trends and best practices rewarding teams and individual realization that some employees value recognition as much as merit increases and bonuses employees recognizing employees greater use of informal/spontaneous awards improved publicity of winners bi

7、ggest obstacle to success: communication management support 30 characteristics of successful programs senior management support and involvement include employees/managers in design and implementation keep programs simple and easy to administer tailor rewards to individual interests, needs, desire match the reward to the achievement communicate, comm