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I need help responding to my peers. The information below is from my peers. Recognition and rewards is very important because it gives positive feedback
I need help responding to my peers. The information below is from my peers. Recognition and rewards is very important because it gives positive feedback based on performance and results of how an employee is doing. These recognition and rewards could be a mention, an award, a bonus, a promotion, and/or a raise. Recognition Type Number of Instances Cost Per Award Total Cost Per Award Thank you notes Unlimited Free $0 Peer to Peer award or recognition 4 award per month $25 $1200 Manager / Leadership Recognition 2 awards per month $50 $1200 Peer nominated award for going above and beyond in the company - voted by the executive 2 awards per quarter $200 $1600 End of the year award for best employee 1 award per year $1000 $1000 This plan allows for peer to peer recognition, managers and leadership recognizing their employees, and one award that is nominated by peers and voted by their peers and leadership on who embodies the true pillars of the company
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