Reward system by thinker

Post on 04-Dec-2014

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ravi patel, reward system, by thinker, thinker

transcript

Hi….

everybody

Reward ystem

In neuroscience, the

reward system is a

collection of brain

structures which attempts

to regulate and control

behavior by inducing

pleasurable effects.

"You get more of the behavior you reward. You don't get what you

hope for, ask for, wish for or beg for. You get what you reward."

– Michael le Boeuf

Employees don’t work for free.

Most businesses are not volunteer

services, so you have to

compensate them in some way for

their time and effort.

“pay”

It refers to all of the monetary, non-monetary, and psychological payments that an organization provides for its employees

“remuneration”

“reward”

How can you put all this together?

There is no magic, one-size-fits-all solution: it should vary in different organizations. Here we shall go through a few of the key concepts, to help you make sense of this complicated area.

The only way employees will fulfill your dream is to share in the dream. Reward systems are the mechanisms that make this happen.

Types Of Reward

Extrinsic Rewards

Intrinsic Rewards

Objec tives

Attraction

A great performance?

Commitment

Tata Bye bye

Enjoy madi

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