OB Rewards and Punishment

Download as ppt, pdf, or txt
Download as ppt, pdf, or txt
You are on page 1of 17

Presentation

On
Rewards & Punishment

Praveen Mittal
Rewards & Recognition :
The Magic Motivator
Topics
 What are Rewards, Recognition.
 Why Reward?
 Key components
 Framing of Recognition
 Types of rewards
 Points to remember when rewarding
What are Rewards , Recognition
 Rewards, awards, recognition….
 Acknowledgement of some achievement
 Predetermined or unplanned
 It promotes behavior you want repeated
 Individual or teams
 Monetary or non-monetary
Why Reward?
 Enhance job performance.
 Reinforces the strategies/goals of the organization
 Promotes repeatable behaviors
 Improves morale
 Can promote team building, motivation, etc.
 Can be positioned as a part of a total compensation
package
Key Components
 Targeted

 Timely

 Public
Framing of Recognition
 Who
• Individuals
• Teams
• Various organizational subsets
 When
• Daily, monthly, quarterly, annually
• As behavior occurs
• Specific events
 How – Within team or Public
Types of rewards
 Membership and seniority based rewards.

 Job status based rewards.

 Competency based rewards.

 Performance based rewards.


Points to remember when
rewarding
 Never reward a wrong behavior
 Too little
 Too late
 Too much
 Review all other forms of recognition within
organization
 Determine least method for most gain
 Cash or Non-monetary?
Punishment
Topics
 Why is Discipline required in an organization?
 Types of discipline
 Why Punishment?
 Types of Punishment
 Points to remember when enforcing a
punishment
Why is Discipline required in an
organization?
• To Create an atmosphere of mutual respect.
• To ensure rules and regulations are followed.
• To increase efficiency of employees.
• To Create a healthy work environment.
Types of discipline
Positive discipline - achieved through
 Rewards
 Recognitions
 Effective leadership

Negative discipline- achieved through


 warnings
 Punishments
 Penalties
Why Punishment?
 To decrease a behavior, you ignore it or punish it.
 Absence of code of discipline.
 To enhance performance.
 Eliminating undesired behavior.
 To modify behavior.
 To implement effective reinforcing of desired
behavior.
Types of Punishment
Minor Major

 Oral reprimand-  Withholding increments


warnings
 Demotions
 Written reprimands
 Discharge
 Loss of privileges
 Dismissal
 Fines
Points to remember when enforcing
a punishment
 Punishment should be enough to reduce the undesired
behavior, if Given more it may produce undesired results.
 Punishment should be administrated privately
 Show cause: employee should be given a opportunity to
justify his actions.
 Punishment should be on the undesired behavior not on
the person , otherwise it may lead to personal revenge.
 Punishment should be directed towards reinforcement
on desired behavior.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy