REWARDING SYSTEM IN AN

ORGANIZATION.

NAME :- MISS. SARANYA ARIYANAYAGAM

SUBJECT :- ORGANIZATIONAL BEHAVIOUR
SUBJECT CODE :- MGT 2053
GROUP NO :- 05

FACULTY OF COMMERCE &

MANAGEMENT.
EASTERN UNIVERSITY OF SRI LANKA
 INTRODUCTION.
 Reward systems are much more than just bonus
plans and stock options. While they often include
both of these incentives, they can also include
awards and other recognition, promotions,
reassignment, non-monetary bonuses (e.g.
Vacations) or a simple thank-you.

 Rewards include
 Wages and salaries,
 Incentives and
 Welfare facilities. (Benefits)
 INTRODUCTION.
Organizational
Rewarding
System

Intrinsic Rewards.
Extrinsic
Eg:-
Rewards
- Status.
- Growth.
- Responsibility
Financial Non-Financial
- Office furnishings
Eg:- - Lunch hours
- Direct and indirect - Parking spaces
compensation
- Business cards
- Secretary
 ABANS PVT (LTD)
Batticallo – Sri Lanka
 ABOUT THE ABANS
OUR VISION
To be the foremost appliance
retailer in Asia
Pacific.

ABANS ®
AT HOME
WORLDWIDE.

OUR VALUES
OUR MISSION To Employees: We respect each
other as individuals and
To improve quality of life by
encourage cross functional
providing comforts and
teamwork while providing
conveniences at fair prices.
opportunities for career
development.
REWARDING SYSTEM IN ABANS.
Healthy Training &
Human & Safety. Career
Resource Development
Policy

Uniforms Labour
. Relations

Discounts Employee
& Easy Housing
Payments Rewarding Loan
. System.
Death Distress
Donation loan

Accident Educatio
Cover. Medical nal Aids
Benefits
EFFECTIVENESS OF REWARDING
SYSTEM IN ABANS.

 Effective Rewarding system is

implemented in Abans.

 Through this system employees are

motived to do their job well.

 This rewarding system create the job

satisfaction and reduce the stress.
EASTERN UNIVERSITY
OF SRI LANKA (EUSL).
 Mission Vision
The purpose is to pursue excellence
in teaching, research and Eastern University, Sri Lanka to
scholarship, to offer through its be a National Centre of
internal and external faculties, excellence for higher learning and
campuses and other facilities, an research with a competitive
unsurpassed range of opportunities advantage, responsive to the
for education and training to all those dynamics of the regional and
who will be able to benefit, to global conditions.
enhance public welfare, and
prosperity.
EUSL.
REWARDING SYSTEM IN EUSL.

Funeral Fund

Increment Uniform

Performance Transports
Award services

Rewarding
schemes for
Other Non-Academic Free medical
Facilities services
Staffs

Profit sharing Allowance

Performance Over Time

Award Payment
REWARDING SYSTEM IN EUSL.

Staff
Grade
Allowance

Cost of
REWARDING living
Trips
SCHEMES Allowance
FOR
ACADEMIC
STAFFS

Medical Academic
Claims Allowance
EFFECTIVENESS OF REWARDING
SYSTEM IN EUSL.
 The rewarding system in not effective
one.

 Employees motivation is less.

 EUSL establish Employees Welfare

Association for their employees’
benefits.
 CONCLUSION..
 Organizations are using several
techniques to achieve the
organizational goals through the
people.

 Rewards are considered as the most

important element in motivating and
satisfying employees to achieve a
higher level performance.

 Compare with the government

organization, there are effective
rewarding systems are implemented
in private organization.
You get more of the behavior you reward. You don't get what
you hope for, ask for, wish for or beg for. You get what you
reward."