The measures in place by an organization to recognize employees are important. Recognizing employees’ performance acknowledges their behavior, business results and contribution to the organizational goals and values beyond their expectations. Employees’ recognition is a fundamental human need simply because it shows an indication of a clear understanding of the ‘psychology’ behind praising people of good work done. Such performance appraisals are relevant because they will initiate employees to establish a good working relationship. Employees are humans too and they will obviously feel valued and satisfied if their work is recognized and would wish their productivity rate to rise beyond their current state. Moreover, employees also want to be respected and valued on anything they involve themselves in the company they work for. So, everyone in the management should have the human passion to recognize members of the organization and feel the need and sense of achievement of work effectively done.
A manager with more ingenuity than monetary rewards can create non-cash reward programs to motivate their employees. These programs will function better than monetary rewards since they will reinforce the culture and values of the organization, imposing teamwork and customer satisfaction which motivates the behavior of employees. Research shows that managers can structure programs like regular events like banquets that will include rewards that will feature the accomplishment of the employees. These programs have to be on a regular basis and on the company’s recognition boards (O’LEARY & PULAKOS, 2011).
Delegate your assignment to our experts and they will do the rest.
It is beyond reasonable doubt that employees want to be recognized of every effort they invest in the company but they would kindly appreciate monetary rewards and other mere recognition means. For instance, employees would prefer profit sharing of the company’s profits with them. Moreover, this is an excellent way to reward employees since they will receive a portion of the company’s profit giving them a sense of ownership of the company hence initiating a high degree of performance. Also, managers can offer piece rates in terms of cash that will encourage the employees to work efficiently and quickly to receive mire piece rates.
References
O’LEARY, R., & PULAKOS, E. (2011). Managing Performance Through the Manager-Employee Relationship. Industrial And Organizational Psychology , 4 (2), 208-214. http://dx.doi.org/10.1111/j.1754-9434.2011.01329.x
