WESTERN UNIVERSITY

Midterm Group Assignment

CHAPTER 13: MOTIVATING AND REWARDING

EMPLOYEES PERFORMANE
GROUP8
GROUP8 MEMBER: SUBJECT : PRINCIPLE OF MANAGMENT
1.KIM MALISA (LEADER) PROFESSOR : LACH SAMBATH
2.HENG MOUYLEAP PROMOTION : B21-EY1S1-MGT
3.PRAK SONITA
ACADEMIC YEAR 2024
 REWARDING EMPLOYEES
FOR PROFORMANCE
Rewarding employees for good performance is
vital to motivating andretraining talent. when
employees are rewarded for their effort, they
are likely to become more loyal and productive
this can boost the overall productivity and
output of the organization in this article we
discuss thr benefits of rewarding employees.
Benefit of rewarding employees for good performance
Here are some benefits of rewarding employees for good
performance:
.Makes employees feel more valued
.Motivates employees to work harder
.Improves employee productivity
.Increases commitment to job responsibilities
.Improves job satisfaction
.Boosts loyalty to the organization
.Creates role models for other employees
.Incentivize s collaboration and teamwork
.Ensures talent retention
.Creates good company culture
.Positively impacts overall business growth
 REWARD TEAM
WORK
>> Rewarding teamwork can motivate employees to strengthen
collaboration, which can amplify productivity and boost
innovation in the workplace. As this is more time-consuming
and requires good project management skills, team-based
rewards should be more substantial than individual rewards
and must simultaneously reward the entire team. For
example, you could plan a team outing or lunch after your
employees achieve a major accomplishment for your
company.