Designing a Rewards System Essay

When designing a revenges establishment within an plaque at that place ar several factors. First, consider at the governance and taper on what matters most for that special(prenominal) composition. Then focus in on the employees and what of necessity they seduce in particular. by and by breaking down the focus, you privy hold up forward into creating a vantages corpse that non only fits but withal e very(prenominal)one benefits from. reenforce management is concerned with the strategies, policies and processes essential to image that the value of people and the contribution they accomplish to achieving memorial t competenttal, departmental and team goals is recognized and rewarded.It is close the design, implementation and maintenance of reward systems (interrelated reward processes, practices and procedures) that aim to satisfy the require of both the disposal and its stakeholders and to operate fairly, equitably and consistently. (Armstrong, 2010) asp ect at at the memorial tablet. What does the organization promote or goals it is call oning toward? Next, engender sure the needs of the organization argon being met. Currently, many another(prenominal) organisations atomic number 18 implementing or planning to implement, reward and/or recognition programmes believing that these volition process bring ab step up the desired cultural change.In around organisations, extended hails of silver are being invested in these types of activities and some managers are required specifically to bound aside a trusted amount from their budgets for this purpose. (Milne, 2007) If they are not met focus on creating a rewards system to hold meeting the goals that at the moment are not being satisfied. Now to look at the employees and what they need. What go away motivate them to discharge mitigate spurt? What is the age hurtle within the organization so we dejectionnister focus on what ordain damp serve that population?After l ooking into the age check their work go up and see where there needs to be more and focus on condition up goals to get that area where it needs to be. Recognizing employees for a project come up through isnt superfluous or magnanimous. Its necessary. (Zemke, 1988) There was a study through with four groups that answered a questionnaire with twenty-five factors as to what would motivate them to work strenuous on their business organization. From the four groups only nine of the twenty-five factors were selected. The nine factors that were selected by these four groups are 1. Respect for me as a mortal . Good Pay 3. scene to work out out quality work 4. Chance for promotion 5. Opportunity to do enkindle work 6. Feeling my craft is cardinal 7. Being told by my boss when I do a just job 8. Opportunity for self-importance-development and improvement 9. Large amount of emancipation on the job (Kettner, 2002) totally nine of these focus on how to word form up the confiden ce of the employee and allowing them to know how sound they are doing. Treating the employee like a soul and not a machine is very important beca intention it progress tos the employee a noticeing of self and knowing its ok to be who you are as a person.This makes them satisfied to be there on the job. Providing good ay is in addition very important because it shows the employee that you address and are rewarding them for their hard work while on the job. It also provide make the employee essential to stay with the organization because they do not need to go elsewhere. Giving the employee a chance to do the best quality work for the organization impart give them a spirit of pride in their job. If the employee knows that, there is a chance for them to be promoted through the organization they go away work hard to be considered for promotion.Being able to do kindle work will keep the employee sexual climax back because they are able to do different things which makes the job more enkindle because they are not consistently performing the exact same job fooling which will also make them feel that their job is important. Everyone loves being told good job So as a boss, make sure you are informing your employees how well they are doing. Offer to the employee ways they pot grow as people whether it is training or exercise. Giving them the opportunity for more development or just some improvement, they will be appreciative.Giving the employees freedom makes them more independent and lets them know that the organization trusts them to perform their job the way it is alleged(a) to be done without someone rest over them constantly. After gathering this information, we screw move forward with creating our own rewards system. First, we would have a chart showing the work and the progress being made. Then with that chart, fillips can be created for the employees to get to top of the key by making the most progress. In addition, incentives will be cre ated for those that make the last amount of mistakes while performing their job function.This gives the employees some freedom to work hard on getting their performance up. Incentives will be in place for attendance also. Competitive wear off will be establish off performance and attendance. The better(p) your performance is the better bonus and pay raise you will get. Your attendance will also affect your bonuses and pay raises. moderate your attendance up and consistent and you will be able to gain better pay bonuses. With bettering attendance and performance there will be opportunities for developing within the organization. The starting pay will be marginally based on escort and education.It will be fair and trusty to every employee. After setting up the chart with performance and attendance based incentives we can focus on creating a fair and free workplace for the employees. stria up the management center so they are accessible to the employees for guidance. The manag ement system will also be in place for overviewing the employees from a distance without winning away from the employees ability to work as an individual. The management system will also be able to delegate tasks out to the employees that are performing at a faster or more impelling rate.This will also allow the employees to be treated as individuals and not as a singular group. Next we would set up a system for growth and development that would include furthering your education and wellness needs. We work to turn help and assist to other now we need to help and assist our employees. For education we will offer education breaks where you will be reimbursed for half(prenominal) of the amount spent on your college courses and supplies. This will allow the employee to re-enter school without cultism of inability to pay. The stipulation will be that we will only reimburse as long as the course taken he employee completes and passes the course. The employee will be required to sub mit the final grade for the syndicate and the receipt for the payment of the course and the supplies requisite for the course. Next there will be a gym facility place within the workplace that is available for the employees use before and after work and also during lunch or breaks. With offering the employee sacrifice use of a gym without having to pay will give them the help of not spending a lot of money on a gym membership that they may not be able to use regularly.It will also give them flexibility to use the gym whenever they want to without fear of it closing before they can get there to workout. With this rewards system in place every aspect of the employee and organisational needs are being met. The organization is running efficiently and effectively with each(prenominal) employee working hard to reach the incentive goals. The employees are working in an environment where they are comfortable and know they have every option available to them with action and growth wi thin the organization.