Professional Documents
Culture Documents
Strategies
Saima Aftab
&
Kashif Amin Butt
Rewards
Saying ‘thank you’ for a job well
done, and thereby motivating the
recipient to continue to do those
things that benefit the organization
Rewards
Extrinsic Intrinsic
•Responsibility
Non- •Interesting work
Financial •Personal growth
Financial •Diversity of
activities
1: EXTRINSIC FINANCIAL
REWARDS
• Wages
• Bonuses
• Profit-sharing
• Vacations
• Sick leave
• Purchase discounts
2. EXTRINSIC NON-
FINANCIAL REWARDS
• Office furnishings
• Lunch hours
• Parking spaces
• Work assignments,
locations
• Business cards
• Secretary
• Titles
LAWLER’S MODEL OF REWARD
STRATEGY
RESOURCES
INDIVIDUAL &
ORGANIZATION REWARD
CORPORATE ORGANIZATIONAL
DESIGN SYSTEM BEHAVIUOR
GOALS & &MANAGEMENT
OBJECTIVES STYLE
ENVIRONMENT
JOB
SATISFACTION
EMPLOYEE BUSINESS
INVOLVEMENT / PERFORMANCE
COMMUNICATION
HR PRACTICES
DYNAMIC REWARD STRATEGIES
BUSINESS
STRATEGY
PEOPLE
REQUIREMENT
PREVIOUS
REWARD
METHODS
CHANGES
TO
REWARDS
EFFECTIVE REWARD STRATEGY
EFFECTIVE
REWARD
STRATEGY
ORGANIZATION COMPETENCIES
CAPABILITIES
BUSINESS EMPLOYMENT
DEAL DEMOGRAPHICS
STRATEGY
ORGANIZATION
STRUCTURE VALUES
TOTAL REWARD STRATEGY
PAY BENEFITS