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Lesson Plan in Reward System (ABM)
Lesson Plan in Reward System (ABM)
LESSON PLAN
CODE: ABM_AOM11-IIa-b-26
I. Objectives:
At the end of the session, the students are able
to:
a. Define Reward
b. Give example of employee’s benefits given by
a company.
c. Choose what kind of reward they want to
received.
B. Analysis
What can you say about the video?
Why do some people receive a reward?
How can rewards motivate employees?
2 Types of Rewards
Monetary Rewards-refers to the money, finance
or currency reward. This includes:
a. pay/salary-financialremuneration
given in exchange for work.
Example weekly, monthly or hourly
pay, piecework compensation.
b. Benefits- indirect form of
compensation given to
employees/workers for the purpose
of improving the quality of their
work and personal lives; example
health care benefits, retirement
benefits, educational benefits.
c. Incentives –rewards based upon
pay-for-performance. Example:
bonuses, merit pay, sales incentive
d. Executive pay – a compensation
package for executives of
organizations which consists of five
components: basic salary,
bonuses, stock plans, benefits,
and perquisites.
e. Stock options - are plans that
grant employees the right to buy a
specific number of shares of the
organization’s stock guaranteed
price during a selected period of
time.
Nonmonetary Rewards – rewards which do not
pertain to money, finance, or currency; refer to
intrinsic rewards that are self-granted and which
have a positive psychological effect on the
employee who receives them.
a. Award – nonmonetary reward that
may be given to individual
employees or groups/teams for
meritorious service or outstanding
performance; trophies, medals, or
certificates of recognition may be
given instead of cash or extrinsic
rewards.
b. Praise – a form of nonmonetary,
intrinsic reward given by superiors
to their subordinates when they
express oral or verbal appreciation
for excellent job performance.
D. Application (Recitation)
Give examples of employee’s benefits both
monetary and nonmonetary. Do you think all
companies give the same kind of benefits? Why?
Essay Rubric
Features 4 3 2
Very Good Good Fair
Quality of Very Somewhat Gives new
Writing informative informative information
and and but poorly
organized organized organized
Grammar Almost no Few errors Many errors
Usage errors in in grammar, in grammar,
grammar, spelling and spelling and
spelling and punctuation punctuation
punctuation
V. Assignment
Differentiate leading to managing.
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