Reward and Recognition Policy

Dearne Bartlett

Why implement a Reward and Recognition Policy?

Awards

1. Site Awards

2. IRT Awards

3. Strategic Achievement Awards

4. Service Awards

Criteria

As a minimum all nominees must address the following 2 criteria:

• The employee embraces the values of integrity, respect and trust in all their work related behaviours

• The employee has contributed to and achieved the requisite activities associated with their role

1.Site Awards & 2. IRT Awards

Criteria:

• Leadership Excellence

• Superior Customer Service

• Breakthrough Innovation

• Outstanding Team Work

3.Strategic Achievement Awards

Criteria:

Work place performance that demonstrates each of the following elements:

• Achieves a strategic objective through a site coordinated effort• Achieves a strategic goal following the education and development of

team members• Achieves a 10% improvement to their EBITA target

4. Service Awards

We recognise the following milestones:

• 5 Years • 10 Years • 15 Years • 20 Years • 25 Years • 30 Years

Site, IRT, Strategic Achievement and Service Awards

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Open to any IRT site that has made a significant contribution in a financial year in achieving the sites strategic imperatives as identified by senior management

Based upon service period(s) with IRT

Leadership Excellence

Superior Customer Service

Breakthrough Innovation

Outstanding Team Work

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Nominations• Why• What

Committees• Who

RecognitionTYPE OF AWARD RECOGNITION

Site Awards • Certificate of Achievement• ‘in kind’ benefit $150 individual or $300 – team• Name published on the intranet & staff newsletters

IRT Awards • Award Ceremony lunch• Desk top plaque• Certificate of Meritorious Achievement• ‘in kind’ benefit $500 individual or $1000 – team• Name published on the intranet & staff newsletters

Strategic Achievement Awards • Ceremony lunch• Desk top plaque• Reimbursement to hold a BBQ with site employees• Name published on the intranet & staff newsletters

Service Awards (staff information only) • 5 Years – Personal note from the Chief Executive• 10 Years – Congratulatory letter from the Chief Executive• 15 Years – Silver badge and certificate• 20 Years – Congratulatory letter from the Chief Executive• 25 Years – Gold badge, certificate, watch or jewellery (presented at the Graduation Ceremony)• 30 Years – Lifetime service certificate and badge