Why Rewarding is important to organization

Rewarding is important things to the organization. Because it is giving lots of benefits to the company. Employees of the organization will satisfy by rewarding them. Below show the ten reasons for rewarding the people.

·         Increase the productivity

When employee get or achieve some targets, they will try achieving them again because the company appreciation of them. Then company easily drive to the target achieving culture.

·         Better workplace

If rewarding the employees, they will happy about the workplace. Then company leaders are also known that achievement and they also appreciate them is very important. That is help to employee to work happily. Then employees try to give more and more to company.

·         Friendly working culture

Managers and worker build good and kind bond each other is very effective thing to company side. If workers are feel more comfortable to talking with their managers, that will build comfortable working place for workers.

·         They will be great

Do the recognition progarmme for the achievers, is more effective things. Then achievers feel their value to the company. After that they give their maximum to the company.

·         Being the family

Build the team spirit in the workplace and celebrate the achievement with among the team. Teamwork is very important the develop the organization.

·         Employee’s loyalty

When company give rewarding, employee loyalty level is increase. Then they will try to do their maximum to the company and try to reduce the unnecessary cost of the workplace.

·         Be engaged

Benefits of the works are should engaged. That is mean give the incentive for the work and get more benefits to the company.

·         Company value of the achievers

When any one gets big achievements ,that will be highlight for everyone can see that person and nominate the some room or place of that person. So that will be help to enhance the reputation of the company.

·         On the stop appreciation

Appreciation should have to the on the stop the achievement. Then employee are trying to do at least small achievements for the appreciation.

·         Bliss

Mangers should not do the just small rewarding for the achievers. Managers should have to spend more time with that person. Then that person feels more comfortable workplace. That will helps to employee retentions.

 

Reference

Krivan .C 2015, 10 REASONS TO RECOGNISE EMPLOYEE ACHIEVEMENTS,viewed 5 July 2020,

https://www.power2motivate.com/news-blog/blog/10-reasons-to-recognise-employee-achievements