Organizational Reward System
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Transcript of Organizational Reward System
ORGANIZATIONAL REWARD SYSTEMBY: Group:- 1
Hitendrasinh zala Sujay Bhonsle
Ketan Changani Vidit Shah
Neha Fatechandani
Organizational Reward System
• It is controversial feature of the organization• Source can be either paycheck or little else• Volunteers reward includes non monetary
compensation
Important components
• Types of reward• Reward norms• Distribution criteria
Types of Reward
• Financial Reward
Types of reward
• Social reward
Types of reward
• Psychic reward
Types of reward
• Extrinsic reward
Types of reward
• Intrinsic reward
Organizational Reward Norms
• Profit maximization
Organizational Reward Norms
• Equity
Organizational Reward Norms
• Equality
Organizational Reward Norms
• Need
Distribution Criteria
• Performance result
Distribution Criteria
• Performance action and behavior
Distribution Criteria
• Non performance Consideration
THANK YOU