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Manufacturing Services

The document discusses a company's reward and recognition policies. It includes questions about whether the company has formal reward policies, how rewards are budgeted and allocated, how often employees are rewarded, eligibility criteria, performance criteria, benefits of rewards, and areas for improvement. The company appears to have both monetary and non-monetary rewards that aim to encourage behaviors like innovation, productivity, and customer satisfaction. Employees are selected through manager decisions. Suggestions are considered when reviewing the policy.

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Ahmad Razi
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54 views4 pages

Manufacturing Services

The document discusses a company's reward and recognition policies. It includes questions about whether the company has formal reward policies, how rewards are budgeted and allocated, how often employees are rewarded, eligibility criteria, performance criteria, benefits of rewards, and areas for improvement. The company appears to have both monetary and non-monetary rewards that aim to encourage behaviors like innovation, productivity, and customer satisfaction. Employees are selected through manager decisions. Suggestions are considered when reviewing the policy.

Uploaded by

Ahmad Razi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Name of the Company

Type of Business:

=> Manufacturing

=>Services

Location:
Designation:
Department:
Number of Employees:

Various other locations:

Number of years in business :

1. What kind of Reward policy is implemented in your organization?

a. Formal

b. Informa

2. Is the reward scheme for every financial year budgeted in your company?
=> Yes

=> No

3. If yes, what percentage of revenue is earmarked for the reward in the


financial year?

4. Is the Reward system in your organization

a) Monetary

b) Non monetary

c) Both
5. What are the various Non monetary rewards practiced in your
organization?

6. Is the reward system practiced in the organization properly


communicated to all the employees in the organization?

=> Yes

=> No

If yes, How?

7. How often are the employees rewarded?

a) Monthly

b) Quarterly

c) Half yearly

d) Yearly

e) Occasionally based on extra ordinary accomplishments

8. What are the behaviours that you are trying to encourage in your
employees?

9. Are all the employees eligible for the Reward as per your company policy?

Yes

No

10. If No, which level of employees are eligible?

11. The criteria considered for rewarding the employees:

12. In your organization employees are considered for Reward and


Recognition mostly for

a) Innovative and Creative Ideas

) Increased productivity/results/outcome
c) Customer Satisfaction

d) All of the above

e) Others

13. How is an employee selected for a reward? Is it through

a) Group vote

b) Decision from top officials

c) Decision from a single manager

d) None of the Above

14. How is the company benefited from the rewards and recognition?

a) Improved performance

b) Reduced absenteeism

c) Others

15. How old is the current Reward Policy?

16. How frequently do you bring changes in the Reward system practiced in
the organization?

a) For every 2-3 years

b) For every one year

c) For every six months

d) None of the above

17. Are the employee suggestions considered while reviewing the Reward
program?

=> Yes

=> No
18. How do you treat Non-Performers in your organizations?

a) Training to develop their skills

b) Any counseling been done

c) Any other measures

19. If there is no improvement in the Employee’s performance would you

a) Review job of the employee

b) Transfer of Department

c) Demotion

d) Pay/Salary Cut

e) Termination

20. What are the various short comings in your company’s Reward &
Recognition Scheme?

21. What are the measures taken to overcome or correct the same?

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