three or more. Reward Management
The HUMAN RESOURCES Management of " COFFEE BREAK” comprehends the importance of strategic encouragement of the employees and as a result, has created a reward management system for the organization which is likely to be applied for several purposes:
➢ Attract the best personnel to the company
➢ Create great working environment
➢ Retain the best employee, prevent high yield
➢ Promote productivity and creativity
➢ Design company culture & ethical code
The HRM's objectives should be ensure productivity, initiative and devotion from the staff to the company, essential reward supervision will help to achieve the aforementioned targets through making the " COFFEE SHOP” employees encounter:
➢ Self-meaningfulness to the organization, better intergration (feel valuable, respected, and still have status).
➢ Sense of accomplishment and self-respect due to the successful functionality at work (receive recognition and reward).
➢ Great atmosphere intended for friendship and good interactions with the coworkers (as successes are lauded as specific ones at the same time they are considered to be a part of the complete success).
The HR Section of " COFFEE BREAK” has slated to apply nonmaterial and materials reward types, both are accustomed to praise workers who have made out of a minimum to the greatest contribution to the organization, such advantages help to create commitment to the enterprise.
➢ When satisfying an employee, his/her personal features, the individual demands and passions must be regarded.
➢ The rewards needs to be concrete, based on performance or skills of the rewarded. Personnel should know just what they (or their colleagues) are acknowledged for.
➢ The CEO of " COFFEE BREAK” should occasionally reward his personnel actually for small achievements since it will favour future output improvement in the encouraged worker and his co-workers.
➢ The encouragements should be applied INSTANTLY and suddenly as well as irregularly for achieving a surprising impact and be recalled for a long time.
|EVALUATION | REWARDS |� REWARDS | |(1 is min, 5 is max) | nonmaterial |Material | |Good |individual and open public verbal | _ | |(score 3) |acknowledgements |� | |� |personal car parking space/education/ |� | |Prominent |training course/ earn fresh skills/free dinner/increase | wage increase | | |autonomy/tickets | | |(score 4) |for live shows, operas, musicals, theatres, sport events/ | provision using a cell phone | | |gym membership, vouchers to a yoga class/ engagement | | | |into company's | | | |improvement, and so forth | bonuses | |� | |� | |�...