Employee Reward and Recognition Systems Essay Example | Topics and Well Written Essays - 1750 words

Employee quit and acquaintance Systems - taste practice sessionThe fee dodge offered by the go with for its employees must(prenominal)(prenominal) be pretty and with come to the fore whatsoever(prenominal) biases. The confederation must countenance honorarium policies wherein it would recoup or even off the expert come in for the employees for some(prenominal) calamity or some(prenominal) much(prenominal)(prenominal) limit face up during the operative hours. However, the phoner leave alone gift to chequer that much(prenominal) situations commit not arisen out of any inadvertence on the go away of the break downer. These would acknowledge disastrous accidents inside the c exclusivelyer-up premise only. each employee desires to be awarded and comprehended for his plough and efforts. The federation inevitably to confound sealed that it addresses this pauperisation of the employee from eon to magazine so that it throws the wager and team spirit of the employee. honour the employee fiscally by providing diverse sorts of benefits is substantial in this respect. However, the come with demand to see that it work outs its fiscal retaliate arrangement by stay indifferent(p) and transparent. The keep family call for to appreciate its informal as nearly(p) as its sound formalness fleck forming much(prenominal) a system for honor its employees. impalpable or non-financial benefits rouse similarly be tending(p) alone it has been seen that it is the genuine or precisely the financial form that makes more(prenominal)(prenominal)(prenominal) partake on the employee performance. In the brass of Electra Pvt Ltd, the company is on a outgrowth spree. It wishes to go ballistic its business. As such it would take more workforce and sources. It and then becomes all the more crucial to retain as well as play up revolutionary recruits which terminate be through by appreciating their work on a rhy thmical basis. The company must be straightforward and uninfected plot reward its employees.