The Role of Reward in Employee Motivation
Rewarding employees for their efforts and achievements is essential to motivate them to work more efficiently. By providing recognition and rewards, companies can create a positive work environment that encourages employees to do more. Rewards have shown to increase productivity, retention, and employee performance. Examples of employee rewards include gift cards, extra permission, training, development opportunities, celebrations, and experiential awards. A rewarding system creates a positive and collaborative work environment where employees are enthusiastic about work, creating a bond between employer and employee while increasing trust.