Reward Systems and Performance Management Term Paper

Reward Systems and Performance Management - Term Paper Example The basic aim of reward system and performance management is to increase the overall productivity and efficiency of the organization. And to do so the organization should be ready to value its workers. In this paper all those methods will be focused which can be used to reward the employees to make them feel valuable so that they work for the organization with all their dedication and devotion (Grote, 1996). Performance Management & Reward System An effective reward system can be made by using a very simple method based on the following five steps, namely: (1) Specific, (2) Meaningful, (3) Achievable, (4) Reliable and (5) Timely. To be â€Å"specific† means that action and the rewards should be maintained perfectly in accordance with each other. The reward should be meaningful and should be beneficial for both, the employ and the organization. The targets given to the employees should be achievable and practical. The entire program should be reliable and should be operated in accordance with the rules and regulations. Last but not the least, the entire program should be managed properly and timely (Lebas, 1995). There are several methods to reward the employees based on their performances. Some of them I have discussed in this paper. Employee Empowerment The empowerment of people refers to giving authority to the employees in particular. There are two major points to be understood. First is you should know that how you could utilize your work force to get the maximum possible financial results. And the second is that you should know and search for different techniques to raise productivity, lower the costs and maximize the revenues (Dransfield, 2000). Productivity refers to the outcome and efficiency of a firm. It is actually the outcome of your work. Empowerment has a vital role to play in things related to productivity. The productivity that is being induced and provoked by stress can be regarded as a path to burning out. The development of a work envi ronment that is positive and friendly can surely help in decreasing and diffusing the stress that increases due to the demands and pressure of raising the performance. It is a universal truth that not all people are similar. They have their own diversity. Hence it is also true that their all have different working styles. It is therefore necessary that the needs and requirements of an employee should be understood, like what motivates them, so that they could give their best performance. Flexibility in working hours, a walk after lunch, may be little refreshment or sport can help employees get rid of the drowsiness and increase the metabolic rates. It is necessary to understand that employees are not school going children (Dransfield, 2000). Give Respect to the Employees It is noted that if an environment is such that it gives respect and enough space to its employees for working according to their own working styles, then the employees can easily give their best to the company. The support from the management is a must. If the sales team is given enough resources to raise the sales, then it is obvious that by the end of year your sales would have increased. Access to resources like, market data, conduction of workshops and seminars, etc all help in raising the performance graphs of your employees (Armstrong, 2002). People from every level in an organization should have good communication among them. It is no doubt true that if a person enjoys what he do then they surely give their best which

See instructions Essay Example | Topics and Well Written Essays - 1250 words

See instructions - Essay Example The policies cover impartation of knowledge and motivational activities with the focus of highlighting the cruciality of hand hygiene. (Richards and Chesley, 2002). Murray et al (2009) argue that the use of pre and post intervention test outcomes that show health workers knowledge level about prevention and control of infections caused by not washing or improper hand washing will go a long way in reducing the level of such related infections. Proper washing and scrubbing of hands by health workers has proven to be cost effective in preventing and controlling of nosocomical infections. This has been realised through drastic drop in the number of HAI transmitted by contaminated gloves and hands and thereby reduced morbidity and mortality rates. This would mean loss of human, social and economic capital (Whitby et al. 2006). The outstanding challenge to LTC has been and still remains to be placement and availability of alcohol based hand sanitizers to be utilised by the doctors, health workers and residence in an appropriate manner. It was found out that Personal Support Workers and nurses at Whitby Long term care were not washing hands before and after providing care on each patient. The practitioners fail to wash their hands despite having the knowledge that LTC facilities serves an exceptional group of people and experience unique environmental challenges thereby making them the highest transmitters of infections. Infection is the principal cause of mortality and morbidity and also gives rise to the highest number of transfers of patients from LTC to acute care hospitals. (Richards and Chesley,  2002). I have chosen this issue because the hand washing hygiene remains to be the most significant procedures in preventing and controlling hospital acquired infections (HAI). Upholding compliance and sustaining hand hygiene habit after knowledge impartation,