Recognition and reward

Recognition and reward Involves appropriate acknowledgement and appreciation of workers’ efforts in a fair and timely manner “In the arena of human life, the honours and rewards fall to those who show their good qualities in action.” – Aristotle Overview What is recognition and reward? Recognition and reward is present in a work environment where there is appropriate acknowledgement and appreciation of workers’ efforts in a fair and timely manner. This includes appropriate and regular acknowledgements such as worker or team celebrations, recognition of good performance and/or years served and milestones reached. An organization with a good recognition and reward program would be able to state that: Immediate supervisors demonstrate appreciation of workers’ contributions. Workers are paid fairly for the work they do. The organization appreciates efforts made by workers. The organization celebrates shared accomplishments. The organization values workers’ commitment [...]