Reference no: EM132601469
Many organizations have discovered that going beyond base pay to reward and recognize employees can have a significant impact on motivation, productivity, morale, teamwork, and organizational success. There are several types of rewards and recognition strategies: those that incentivize individuals, those that incentivize teams of employees, and those that incentivize the organization as a whole.
You have been asked to develop rewards and recognition incentives for your organization and then create a brochure that presents an overview of these offerings for the employees. You may choose a specific organization or create a hypothetical organization for this assignment. In your brochure, the following components can be considered:
The purpose behind employee rewards and recognition.
How incentives are connected to organizational goals.
Targets groups for the rewards and recognition (i.e., individuals, teams, or all employees).
Differing types of rewards and recognition options for the target groups.