Hi, can anybody share the rewards and recognition framework followed for quarterly/yearly basis?

@Rohan Mankad @Abijith

Hello Malini, pinging you directly

I am also interested in knowing about it.

Following as well

Please share it with me as well

Please share with me also @Abijith

@Megha can you share our resource here?

Please share with me as well.

Even me too interested to know about it.

Here’s a R&R framework policy for your reference https://docs.google.com/document/d/1VSTazZ3mp8zzPNHliidadFTFGCbXhdPj/edit

@Abijith Can u share that with me as well

You can refer to above link @apurva dhuri

It depends upon organisation when they want to give away the rewards. Some do yearly and some do basis the work done

@Malini Lakshman since you asked about the framework/philosophy, this document will come handly for developing the philosophy. sample .. Moreover, you can have a slack channel for people to recognise the employee - social recognition, peer recognition. You can ask employees to vote every month for the employees on different schemes - collaboration, problem solver, teamwork, values, random awards and project completion. based on votes, you can post their photo on the game board - you can provide a certificate/medal/badge/gift (have a committee who will calibrate the results and cross-check the authenticity). Third have variable pay and performance-based pay - which will include the whole year of performance rating (goals, values). Fourth, have incentives/month for working over time for completing tasks on time or sooner, KPIs (credited every quarter - on average many employee will be scoring). Fourth, have yearly awards on performance, the best team, best project, best work, no abscence whole year, complteing two years in the company, best leader. You can give each employee bingo cards with 10 circles, when each each employee is recognized ten times, the first five will get awards. For the yearly awards, let employees nominate themselves, for best leaders you have to take feed forward survey and skip meetings so that mgmt decides, fitness awards, you can buy them a lunch or company level shoutout

Thanks Sai! Gret ideas and thanks for sharing the link 👍