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Reward & Recognition

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Reward and
Recognition
Blue Group

Liz Crane
Mark Glover
Annice Lappin
Tim Rowler
Adele Vesty

The Strategic Human Resource Management strategy that we will be focussing on for this presentation is ‘Reward and Recognition’.
The award winning organisation that we have researched is
Schweppes Australia, winner of the 2014 Australian HR award for the
Best Reward and Recognition strategy, sponsored by Solterbeck.
The format of our presentation will be to:
1.
define the key terms,
2.
present the research and literature focussing on both corporate and not for profit organisations
3.
outline the award,
4.
compare and contrast the award with the research of best practice of reward and recognition.
5.
conclude with the benefits and limitations and alternatives of this Strategic Human Resource Management practice.

Definition

For the purposes of this presentation we have used the MIT Human
Resources Division definition being,
“The purpose of an employee recognition program is to recognize and reward work and behaviors that support/further the mission, goals, values and initiatives (of the organisation).”
While Liz Prudden of San Diego State University separates this into two main categories,
“The two types of reward and recognition are easily distinguishable:
Monetary, receiving dollar incentives for performance and Non
Monetary (NMR), various forms of "soft" recognition. Formal and
Spontaneous are additional distinctions of Reward and Recognition”

“The purpose of an employee recognition program is to recognize and reward work and behaviors that support/further the mission, goals, values and initiatives (of the organisation).” -MIT Human Resources Division

“The two types of reward and recognition are easily distinguishable: Monetary, receiving dollar incentives for performance and Non Monetary (NMR), various forms of

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