Date Added: May 2010
This paper will highlight about the importance of a strong employee recognition program to get the necessary results. Rewarding an employee is very important aspect for every organization and it needs to be on a continuous basis and not be done as an event. HR departments in every organization struggle to retain their best talent as quality human resource keep moving away. Any organization cannot afford to lose a quality employee as they are critical asset to them. Rewards and recognition program will make a platform for companies to create an affinity and belongingness in the employee that ensures better productivity. This program will build a strong connect and also address cultural issues..To build a implemental rewards and recognition program one needs to address the various issues that are generally overlooked including rewards to individuals must be different from collective rewards, recognizing the entire team instead of the hard working employees makes the difference, and employees must be differentiated based on culture, background. The program must take care of all the stake holders and attention to every detail will make it a successful program. The employee recognition program must be designed such that it is multi-faceted and has the consideration of various criteria involved within the organization. The design should factor in the various other parameters that will make it attractive.