Employee Reward Systems Presentation Essay Example | Topics and Well Written Essays - 500 words

Employee Reward Systems Presentation - Essay Example Many reward systems exist in the workplace, and they may reflect the organization of the staff, or the type of work. For instance, at the University of Virginia's Department of Athletics as well as at the Rose-Hulman Institute of Technology, employees can nominate each other for a particular award. In these cases, efficient teamwork and group leadership are assets that contribute to the award. This type of recognition can be particularly surprising and exciting for workers. Nomination-based reward systems can promote a friendly atmosphere, but unfortunately, this system may become more like a popularity contest. In other companies, such as the State of New Mexico Human Services Department, specific criteria must be fulfilled for the award to be given. These companies are organized differently, and particular tasks can qualify a worker to achieve a higher rank in the company. These reward systems are appreciated by employees that prefer to know exactly what they must do to move ahead in the company. In general, straightforward reward systems are more highly regarded by employees because they promote structure in the workplace and a defined sense of purpose. The actual rewards can be many things, from a monetary bonus or gift certificate, to a hand-written note of recognition and approval from a supervisor.