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Reward system by thinker

Dec 04, 2014

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Ravi Patel

ravi patel, reward system, by thinker, thinker
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Hi….

everybody

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Reward ystem

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In neuroscience, the

reward system is a

collection of brain

structures which attempts

to regulate and control

behavior by inducing

pleasurable effects.

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"You get more of the behavior you reward. You don't get what you

hope for, ask for, wish for or beg for. You get what you reward."

– Michael le Boeuf

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Employees don’t work for free.

Most businesses are not volunteer

services, so you have to

compensate them in some way for

their time and effort.

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“pay”

It refers to all of the monetary, non-monetary, and psychological payments that an organization provides for its employees

“remuneration”

“reward”

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How can you put all this together?

There is no magic, one-size-fits-all solution: it should vary in different organizations. Here we shall go through a few of the key concepts, to help you make sense of this complicated area.

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The only way employees will fulfill your dream is to share in the dream. Reward systems are the mechanisms that make this happen.

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Types Of Reward

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Extrinsic Rewards

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Intrinsic Rewards

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Objec tives

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Attraction

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A great performance?

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Commitment

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Tata Bye bye

Enjoy madi

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