Business Rewards

American employees are often evaluated by their supervisor and rewarded for doing a good job.

• Purposes of Evaluations:

1. Motivate work performance
2. Clarify the job that needs to be done
3. Encourage competence and growth
4. Enhance and improve communication

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• Types of Rewards Given:

1. Increase in pay
2. Bonuses and Incentives
3. Extra Vacation time
4. Improved work environment-bigger office, better computer
5. Public praise

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• Reasons for Rewards

1. An organization that has unhappy employees is going to be unsuccessful.
2. If an employee is unhappy with the reward he isreceiving, he or she can feel anger or resentment towards their fellow employees.
3. A proper reward system is an integral part of an organization's success.

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