The-definition.com

Definition

Reward system

Reward system is a formal or informal program used to recognize individual employee achievements, such as accomplishment of goals or projects or submission of creative ideas.

Share it:  Cite

More from this Section

  • Competency
    Competency means any knowledge, skill, trait, motive, attitude, value or other personal ...
  • Error of standards
    Error of standards occurs when a rating is assigned based on impracticable standards established ...
  • Policy
    Policy is a written statement that reflects the employer’s standards and objectives ...
  • Behaviourally Anchored Rating Scales (BARS)
    Behaviourally Anchored Rating Scales (BARS) are used by organizations for appraisal of ...
  • Essay appraisal
    Essay appraisal is an appraisal strategy requiring the rater to provide a narrative description ...