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How to make a functional reward system
Many reward systems actually discourage desired behaviors while rewarding the very actions that drive executives crazy.
Work community, manager and workmates proved appreciation appear that how you appreciate yourself and your work. To feel and to get appreciation is basic element to self-respect. In practice this mean that every human being’s effort and work contribution is observed. In workes point of view is very important that he get appreciation from those people that he respect. For example from work comminity. In order to get this kind of respect, prerequisite is that you are qualified in your work.
A broadly thinking rewarding mean all the means where organization try to motivate, advise and commitment old workers as well as attracts skilful new workers from labour market. Changes in working life interact to reward systems. These reasons can be for example a labour shortage, globalization, shortage of skilful workers, development of
technology. In a successful companies reward systems are designed to the people. Rewarding doesn’t operate in separate from the completeness but on the contrary it is essential toll for the managers.
Organization can reward their workers for good achievements, developing know-how and success of hole company. This make positive and supportive atmosphere and give for the workers opportunity to use their skills and give equitable substitution. Exquisite
Outperform and accomplishment can lead to higher salary. In other hand badly working reward system is one of the thorniest management problems around. Dealing with unmotivated, low-performing employees. It's easy to point the finger of blame at them, but in most case it’s the reward system what causing bad form.
There are many different reward systems in the world because one and only system doesn’t fit to all. reward systems are much more than just bonus plans and stock options. While they often include both of these incentives, they can also include awards and other recognition, promotions, reassignment, non-monetary bonuses.
If the rewad system is not working or it is treated badly, can inflict bad blood inside organization. These reasons can be for example: lack of appreciation, dissatisfaction for salary, suffer unfair treatment, jealousy. Here are only few reason, but all these can harm unity in company.
To produce a rewarding, can open new doors and influence positively to hole action in organization. In successful corporations reward systems is planned for the people.
Research question: How to make a functional reward system
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