Human Resource Management Attractive Incentive Programs

Question: Describe and critically evaluate the approach to employee reward taken by an organisation of your choice, identifying the key reward choices made (see page 471 of Beardwell Thompson 2014). Your answer should cover the following; What messages does the reward strategy in the chosen organisation convey? To what extent does the reward strategy in the organisation drive individual performance? Answer: Introduction Bertelsen (2012) has said that reward system is one of the attractive incentive programs that tend to encourage the employee engagement in the organization by offering bonuses, increased payment rate along with additional time off. In this particular task, the focus would be shed on describing as well as evaluating the approach to the employee reward system adopted by a company along with the proper identification of the key reward choices made at the organization (Bratton and Gold 2012). In order to carry out the entire study, Google has been selected and some of the important aspects of Google's reward system would be analyzed in this particular paper. The message conveyed through the reward strategy as well as the impact of the reward strategy on the individual performance would be critically examined. Apart from that, some of the active recommendations would be suggested in order to enhance the present situation. Message conveyed through the reward strategy of the selected company On analysis of the reward system of Google, it can be found that the company provides some of the attractive rewards to their employees like spot bonus, manager level, annual review, employee promotion, annual bonus and stock grants and refreshers. It can be said that Google is one of the contemporary companies that has been engaged in finding several new ways as well as approaches to recruit the top talents, retain the top talent as well as finding new paths to motivate the existing employees for providing maximum output (Chen et al. 2012). Looking at the company reward system, it can be said that the bottom line of the company is to make maximum profit, attract the talents, retain the abilities as well as motivate the top most existing talents in the company for fetching maximum output (Cummings and Worley 2014). The management of the company believes that the way they can get the best performance is offering the best rewards in the industry. The company provides reimbursement of up to $5000 to the employees for legal expense, maternity benefits of a maximum 18 weeks off at about 100% pay (Snelgar et al. 2013). Apart from that, the company financially supports the employees for adopting a child and at the GooglePlex, there is always a doctor and free fitness centers as well as trainers are available for the employee assistance (Google 2016). Lunch and dinner are available at free of cost for the workers and additionally an assortment of delicious and healthy meal is available every day for the employee prepared by gourmet chefs. It can be stated that the company pays entire attention for the well-being of the employees as they believe that relaxation, extra payment, reward system are the best motivating factors that enhance the employee performance (Mowday et al. 2013). Google is associated with innovation in every aspect of their business and they rely on multiple reward system to motivate the young talents and it has the most notable peer to peer recognition program. The employees work hard to receive this prestigious recognition and the company motivates the employees highly. The comprehensive service provided by the company is to make the employees feel valued and stay healthy and save time. The company wants their employees to travel without worries, spend more time with friends and families and thus attractive reward systems are the highly shed focus on (Snelgar et al. 2013). Impact of reward strategy on individual performance in the organization Ulrich (2013) has said that the performance of each employee in the organization is significant and at the time of designing the reward policy, the management of the company is required to look at it carefully. The company believes that one of the most commonly used methods for the company is positive reinforcement in which a persons behavior is highly strengthened. The management of the company believes that extrinsic reward system motivates the employees, as this takes into account the salary because this is directly proportionate with the job satisfaction of the employees. On the other hand, it has been seen that extrinsic reward system as well as major important aspect of employee motivation and this includes aspects apart from financial motivation (Walker 2012). The rules and regulations of the company motivates the employees for achieving the rewards, as the company has a reward policy for two people who are doing their jobs unfairly and reward them unfairly. It is of no doubt to say that all the employees in the organization want to become an integral part of the whole business and the reward policy influence the employees to achieve more, so that they can quickly become a part of the whole business (Jiang et al. 2012). When the workers come to realize that the company arranges free breakfast, lunch, dinner and the chef made organic foods for them, as the health of the employees matters to the company; it automatically enhances the employee performance (Wei et al. 2012). Free health and dental check up for the employees, free dry cleaning, free haircuts, subsidized massages, gyms and swimming pools for recreation purpose, nap pods, death benefits, video games, football and ping pong are some of the essential facilities that motivates the employees to perform best in the company. The values of being valued enhance the work performance of the employees and this increase the company growth. These facilities have gradually helped the company to achieve this position. The management believes that appreciation is the best motivation and these directly motivate the employees to enhance their performance in the workplace. Google always opines that they love their employees and they always want to let the employees know the fact. Therefore, it can be stated that the employees are, as several facilities are meant to drive them on a large scale (Zhang, et al. 2013). If focus is shed on Apple, it can be seen that the company does not arrange attractive reward sy stem for their employees. When the employees are promoted to further designations, they do not enjoy high rise in remuneration. This demotivates the employees and hampers their performance as well. Moreover, the company does not arrange proper training for their employees and this as well hampers the productivity of the employees. Some of the valid recommendations In the previous section, a detailed study has been made of the rewards and benefits systems available in Google for the employees. Apart from that, it has been seen that these facilities motivate the employees to give their best outcome to the company and thus Google presently has become of one of most desired places for work. However, it has been found that the company in spite of providing such facilities to the company faces some of the challenges in the present day scenario. The company has been gradually increasing job satisfaction and commitment and this is growing the work pressure on the employees. With the gradual increase in the provided services and facilities for the employees, the employees most of the time enjoy a great relaxation and this affects the work progress to some extent (Google 2016). The company gives freedom over how and when tasks are completed. These practices have been changing the work progress in some cases and this part is required to look at carefully. The management has planned huge benefits and facilities to the employees and sometimes these facilities make the employees idle. Once an employee gets all facilities in the workplace without that much of effort, it is evident enough to say that the employee will lose the value of the labor and this would affect the productivity of the company. It is recommended that the corporation is required to be more judgmental at the time of providing services to the employees. It has been seen that the employees in Google are allowed greater discretion on their hours of work and also on when they can go as well as have some fun whether in takes into account getting a massage. Apart from that, it has been seen that the company allows its employees 20% of their time per week to do anything they like. The employees are required to make understood that the corporation value them a lot and then act accordingly (Ulrich 2013). Otherwise, the employees would not pay their entire attention to the overall growth of the organization and the facilities provided by the company to the employees would be in vein. Conclusion After completion of the entire study, it can be said that Google is one of the leading organizations that attract the employees as this is one of the best places to work. The company provides huge facilities and benefits to the employees and these huge relaxations and benefits sometimes affect the productivity of Google. The employees sometimes become idle and the provided freedom on their task is one of the reasons of this redundancy. Compared to other companies, it can be said that Google at present is one of the leading companies that focuses on customer motivation through proper and attractive reward system. The management of the company believes that of the employees are to motivate at the workplace, they are required to provide some effective rewards to the employees. Therefore, after discussing the reward strategy of Google, the researcher has significantly analyzed the impact of this reward system on the performance of the employees. Apart from that, it has been seen that the some of the effective recommendations have been provided here based on the addressed issues in the workplace. References Google, 2016. [online] Google.com. Available at: https://www.google.com/about/ [Accessed 10 Mar. 2016]. Bertelsen, B., 2012. Everything you need to know about employee motivation. 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