Reward and Recognition Policy Dearne Bartlett. Why implement a Reward and Recognition Policy?

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Presentation transcript:

Reward and Recognition Policy Dearne Bartlett

Why implement a Reward and Recognition Policy?

Awards 1.Site Awards 2.IRT Awards 3.Strategic Achievement Awards 4.Service Awards

Criteria As a minimum all nominees must address the following 2 criteria: The employee embraces the values of integrity, respect and trust in all their work related behaviours The employee has contributed to and achieved the requisite activities associated with their role

1.Site Awards & 2. IRT Awards Criteria: Leadership Excellence Superior Customer Service Breakthrough Innovation Outstanding Team Work

3.Strategic Achievement Awards Criteria: Work place performance that demonstrates each of the following elements: Achieves a strategic objective through a site coordinated effort Achieves a strategic goal following the education and development of team members Achieves a 10% improvement to their EBITA target

4. Service Awards We recognise the following milestones: 5 Years 10 Years 15 Years 20 Years 25 Years 30 Years

Nominations Why What Committees Who

Recognition TYPE OF AWARDRECOGNITION Site Awards Certificate of Achievement ‘in kind’ benefit $150 individual or $300 – team Name published on the intranet & staff newsletters IRT Awards Award Ceremony lunch Desk top plaque Certificate of Meritorious Achievement ‘in kind’ benefit $500 individual or $1000 – team Name published on the intranet & staff newsletters Strategic Achievement Awards Ceremony lunch Desk top plaque Reimbursement to hold a BBQ with site employees Name published on the intranet & staff newsletters Service Awards (staff information only) 5 Years – Personal note from the Chief Executive 10 Years – Congratulatory letter from the Chief Executive 15 Years – Silver badge and certificate 20 Years – Congratulatory letter from the Chief Executive 25 Years – Gold badge, certificate, watch or jewellery (presented at the Graduation Ceremony) 30 Years – Lifetime service certificate and badge