OB Rewards and Punishment

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    Presentation

    OnRewards & Punishment

    Praveen Mittal

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    Rewards & Recognition :The Magic Motivator

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    Topics

    What are Rewards, Recognition.

    Why Reward?

    Key components

    Framing of Recognition

    Types of rewards

    Points to remember when rewarding

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    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

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    Why Reward?

    Enhance job performance.

    Reinforces the strategies/goals of theorganization

    Promotes repeatable behaviors Improves morale

    Can promote team building, motivation, etc.

    Can be positioned as a part of a totalcompensation package

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    Key Components

    Targeted

    Timely

    Public

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    Framing of Recognition

    Who Individuals

    Teams

    Various organizational subsets

    When Daily, monthly, quarterly, annually

    As behavior occurs

    Specific events

    How Within team or Public

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    Types of rewards

    Membership and seniority based rewards.

    Job status based rewards.

    Competency based rewards.

    Performance based rewards.

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    Points to remember whenrewarding

    Never reward a wrong behavior

    Too little

    Too late

    Too muchReview all other forms of recognition within

    organization

    Determine least method for most gain

    Cash or Non-monetary?

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    Punishment

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    Topics

    Why is Discipline required in an organization?

    Types of discipline

    Why Punishment?

    Types of Punishment

    Points to remember when enforcing apunishment

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    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.

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    Types of discipline

    Positive discipline - achieved through

    Rewards

    Recognitions

    Effective leadership

    Negative discipline- achieved through

    warnings Punishments

    Penalties

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    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.

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    Types of Punishment

    Minor

    Oral reprimand-warnings

    Written reprimands

    Loss of privileges

    Fines

    Major

    Withholding increments

    Demotions

    Discharge

    Dismissal

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    Points to remember when enforcinga punishment

    Punishment should be enough to reduce the undesiredbehavior, if Given more it may produce undesired results.

    Punishment should be administrated privately

    Show cause: employee should be given a opportunity tojustify his actions.

    Punishment should be on the undesired behavior not onthe person , otherwise it may lead to personal revenge.

    Punishment should be directed towards reinforcement

    on desired behavior.

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