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Producivity linked rewards..... are they enhancing the results ??

Created by : Amba Prasad G S, Business Analyst, Sales & Distribution  | 05 06 2010 13:50:39 +0000
Keywords : producivity linked rewards..... are they enhancing the results ??
Activity:  278 views;  last activity : 07 06 2010 20:18:09 +0000
 
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no i dont think so Vs yes, they enhance results
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I have observed that majority of the times the employees are thrown into confusion by the number of Rewards & recognition programs run. It ihas become a habit for them to recieve this programs every month and sit back on them.
By Amba Prasad G S, Business Analyst, Sales & Distribution  05 06 2010 13:50:39 +0000
 
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yes, they improve results but, care needs to be taken in designing the rewards so that the results produced are in line with the longterm goals & values of the organisation.
By kiran pandya, Zonal Manager, Piccolo Mosaic Ltd  05 10 2010 05:45:25 +0000
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What one needs to remember is why have you hired the employees. To fulfil certain responsibilities...and that is something that needs to be achieved without any rewards/programs. Secondly, to push people forward if you make them used to rewards/programs then driving them will be like working a carrot-donkey principle. Rather a good manager deployed to motivate the employees to perform with obvious returns would be a better idea. Grow as an employee first...the promotion will follow should be he concept driven down to the tee.
By Sujit Sood, :-)  | 05 22 2010 21:20:26 +0000
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there are two kind of nature one understands there responsibilities and dedicated towards performance and motivate others also to perform without any incentives.
By rakesh r raje, Project Architect, SAPL  | 05 22 2010 20:22:55 +0000
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In most cases it becomes an alternate avenue of earnings.unless there is a scope to revise periodically the criteria /scope for payment the objective is lost and in the long term desired results not acheived.

 
By SMARAJIT MUKHERJEE, Retired-Executive Director  | 05 17 2010 05:44:29 +0000
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in our home also we have two children and we compare and encourage them.like that in an organization some attention togiven by management for them.
By katta ananda rao, bodyshopmanager, modyhyundai  | 05 11 2010 15:39:40 +0000
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In the larger context, the only reward productivity must get is recognition for a job well done. One is already paid a salary to "produce" and that too produce well (read your appoint order or employment contract). Where is the question of reward for productivity?

I can understand rewards only in the context of achieving something professionally over and beyond the routine demands of the job. Mere productivity deserves just recognition. Too many rewards waters down their importance and value and eventually they fail to motivate people.
By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 05 11 2010 03:32:48 +0000
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To do this one has to define the term "Productivity" perfectly.
Today, we are viewing and hearing many politics being played in corporates. Then this will be an add-on for those who are interested in the game.
It increases unhealthy competition among the peers.
If the manager is real "LEADER" not bending towards any of the team members, then this scenario may work to that particular team only.

 
By Pradeep Pantula, Sr. Software Engineer  | 05 10 2010 13:19:18 +0000
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They do motivate for some those who are new to any organization and Rewards that work at best 30% for the experienced. So my personal experience its better to give a growth chart for each experienced individuals and motivate to get the work done.
By Gururaj Nigale, Manager, Strategic Outsourcing Pvt. Ltd  | 05 10 2010 11:59:13 +0000
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The concept was created for a good cause of course - but the result - as we see from our experience is: it initiates 1) unhealthy rat-race between employees 2) provides good scope to a clever management of manipulating the word 'productivity' itself 3) non-transperent rewards system within the company.

At least this is not suitable for all service sectors or suitable only for production based sectors where productivity can be defined directly in terms of quantity or money.
By Kathakali Mukherjee, Asst. manager - functional, Wipro Technologies  | 05 10 2010 10:43:59 +0000
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No, it acts like a killer. It is like making rich richer and poor poorer. Increasing frustration on one end and increasing bully-ism on the other. it is a gap widener.


By jaideep khanduja, Head of the Department - QA and Project Management, Confidential  | 05 07 2010 11:45:30 +0000
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I'm skeptical...too much complex cause & effect relationships, not all the leverages are managed by operating people, etc
By domenico fama, HR Business Parner, international Bank  | 05 07 2010 10:17:50 +0000
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it hardly matter because everything is not productivity
By virender kumar, REGIONAL BUSINESS MANAGER, CELON LABS LTD  | 05 06 2010 14:47:37 +0000
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In a way productivity linked rewards are appraisals which relates in better results translating in to higher profits. These shall be promoted to a level of appraisals even.


By Vishal Jindal, Head - Operations, Globe Automobiles Pvt Ltd  | 05 22 2010 16:28:43 +0000
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yes
By p r sharma, Freelancer, Freelancer  | 05 16 2010 12:16:51 +0000
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Surely linking rewards to productivity is a clear way of showing employees that their performance is measured aganist the productivity standards. Also, linking rewards to productivity in organisations - where a great deal of importance is given to team building and team culture - is a clear sign to hardworking and good performers that their work is being noticed and will be rewarded. 
By Priyanka Gupta, HR Consultant  | 05 14 2010 17:24:06 +0000
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yes,reward is a kind of motivation, that encourage employees to give more productivity.Rewards leads to satisfaction.
By sridevi.j , Assistant Professor, vel tech  | 05 12 2010 16:04:50 +0000
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Yes, Productivity linked rewards, certainly enhance results. Rewards give a parameter to the employees based on which they can assess their performance and be motivated to perform better and give more to the role and the organisation.
By Jaya Ray, Manager, KyaZoonga.com  | 05 11 2010 12:09:47 +0000
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I agree with views of Mr Kandadai,

Rewards if and whenever should be rare, awarded with care and made to feel important. Else they may loose to value the intended objective.

Surely not the Air India way where almost everyone is/was handed over to compensate for salary and doing their jobs.

Something akin to converting existing roads to toll roads!!!!! and use amount collected from road tax for paying salaries. Government Awards itself for road construction?
By Ravindra Sharma, Managing Consultant, CHEF-India  | 05 11 2010 08:24:08 +0000
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Rewards act as a motivation to perform better and better. But definitely the target set must be challenging and at the same time acceptable.


By ANKIT GUPTA, SAP Consultant, Tamanna IT Solutions Pvt. Ltd.  | 05 10 2010 11:28:46 +0000
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reward enhance the overall objective of organization. it results in companys benefit. employees capabilities are enhanced by it
By aditi gupta, MBA/PGDM student, pimr,ips  | 05 10 2010 09:51:10 +0000
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THANK YOU JYOTI.HUMAN MIND ALWAYS LONGS FOR APPRECIATION IN WORDS AND DEEDS ESPECIALLY IN THE PRESENCE OF OTHERS.WITH AN EVER INCREASING MONETARY REQUIREMENTS OF EVERYONE ANY ONE WILL SNATCH THE OPPORTUNITY OF AN INCREASED REVENUE AND WILL WELCOME PRODUCTIVITY LINKED REWARDS EITHER IN THE FORM OF CASH OR KIND.
By s.baalu , Consultant, XYZ LTD  | 05 08 2010 14:03:37 +0000
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Yes , they will , provided ....

1.  The person who is being rewarded with a productivity benefit should be directly in control of his or his team's productivity.

2.  The meaning of productivity should be clearly defined along with factors will be considered to condone a lack of performance. ( as they mention is contracts about Acts of God ! )

3.  It should be clearly indicated whether lack of performance will have any negative impact or not.

A productivity linked benefit scheme is a negotiated instrument ; it is in the interest of both negotiating parties to come to a consensus which benefits both ; it is also in the interest of both parties that they go all out to comply with the scheme.

Consider the scheme which rewards athletes who win Olympic medals or teams which win major champioships - these are also productivity linked benefit schemes. Sometimes it is true that money works where patriotism might not !
By K. NARAYAN, None, None  | 05 07 2010 11:46:37 +0000
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There is a very complicated connection between rewards and performance. It works. But it usually has little to do with money. Money only enhance results in special cases and when it works it only works for a short time
By Kaj Voetmann, Senior Consultant, Beren  | 05 07 2010 10:14:05 +0000
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Prasad thanks for initiating as a debate......

According to me productivity based reward will surely enhance the results. Because everyone today looks something in the form of reward for their performance. when you reward them it encourages them and motivates him to do better next time.

So reward is surely a motivating factor which will help in improving the results.....  
By Jyoti Kapoor, HR Manager, Cybage Software  | 05 07 2010 09:22:06 +0000
Argue for "no i dont think so"
Argue for "yes, they enhance results"
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