Every company should develop a strategic system to reward employees.The plan should branch out in four directions: compensation, benefits, recognition and appreciation. With regard to HR management, there are two difficulties for companies. On the one hand, not all managers turn their attention to all four of the above directions. On the other hand, reward systems are often not aligned with other corporate strategies.

A winning system should recognize and reward both types of activity of the employee: performance and behavior.

Performance is the easiest period to be measured, since it is directly linked to business objectives and outcomes.

More difficult, however, it is reward the behavior. Particularly those who have made a difference.

In the case of performance, you can set periodic goals. In the case of behavior, however, will be the HR Director to establish behaviors that most affected the company’s success.

HR management: the benefits of rewarding staff

Rewarding employees, as mentioned earlier, is part of the strategic business system as a whole. Various statistics show that many of the companies that fail to achieve the levels of competition, have difficulty in retaining their workers. This means, first of all, to lose talent. Reward your employees might be a way to retain them.

When you think of a reward, the money is put into practice. Obviously, there is nothing wrong with that. However, one should not underestimate, as often happens, the importance of recognition and appreciation as integral components of a strategic and award winning system.

These two elements rarely receive the attention they deserve by entrepreneurs. It is amazing because these are the ingredients with the best cost / performance ratio.

Employees want to know if they are doing well or poorly. Therefore, it is important that this be told.

But we go into more detail and try to understand what means, in the field of HR management, the words “recognition” and the word “appreciation”.

Recognize means to acknowledge and openly and officially admitting what was produced by a worker. Whether it’s action or whether it’s behavior.

The concept of appreciation is more focused on gratitude. The employee  who is recognized and appreciated definitely feel encouraged to do better.

The way to express recognition and appreciation to the staff are different. You can for example proceed by sending notes, but also verbally, in person or by a public statement.

When Outsourcing works for you and reward your success

The human resources management is not a simple activity. The HR director must face every day with many requests, complaints, needs and problems of various kinds.

If you are having difficulty in managing staff of your company, entrusted to Gruppo La Meridiana services. Our professionals will take care of building the best team of employees for your company.

The principles and values that underlie the challenges of our cooperative go hand in hand with our strategic mission. Our main objective is therefore the success of your business. But we do not forget the well-being of your employees, from which of course depends the productivity.

Reward your employees can make the difference. Do not arrive unprepared at the time of the quantum leap: together we can go much higher!