Professional Documents
Culture Documents
RECOGNITION &
AWARD
By
Faiza Hassan Yousuf
Finance Director
INTRODUCTION
Employee recognition and reward provides the opportunity to acknowledge specific effort,
dedication, contribution and outstanding performance by an employee or a work team.
Essentially, the goal of employee recognition and reward is to reinforce particular behaviors,
practices, or activities that result in better performance and positive business results
WHY RECOGNITION AND
REWARDING
The employee recognition and reward program is intended to recognize and reward
outstanding individual and
team performance
to provide for employee development opportunities which will enable an employee or a work
team to function more effectively on the job and/or enhance an employee’s development and
growth.
FORMAL AND INFORMAL
RECOGNITION
Both formal and informal recognition should be approached in a fair and ethical manner.
Employee recognition and reward is governed by mutual respect and is expressed regularly
through a host of simple gestures such as a sincere thank you, as well as symbolically through
receiving an award where appropriate.
The sincerity of words and actions is what gives recognition its dignity and worth.
CONT..
Both forms are appropriate in fostering a sense of pride and purpose, and in reinforcing that the
efforts and the contributions of employees are appreciated. Most importantly employee
recognition and reward system is used to: