Pros And Cons Of Reward Programs

A reward system is used to improve performance through positive feedback, reinforcements in order to set a positive outlook. Leadership must set this positive feeding trough feedback in order to incorporate goals and targets within the organization. It is the ability of great leadership to help steer individuals to improving an organization. In leadership you must contribute to help other achieve their goals by recognizing their value and showing appreciation.
It is said in Thorndike research of law and effect that positive behavior is repeated in future settings and behavior with a negative impact fades. Skinner goes to further the study that whether positive or negative behavior there are certain elements that create the outcome such as

McMullen, Stark and Jenson find in their research by understanding the employee/ reward dynamic go hand in hand by developing rewarding programs that are in line with organization vison and employees attentiveness to contribute to the organization success. (McMullen, Stark and Jenson, 2007) Reward programs provide organization to creating a competitive an advantage but it is the employees that bring the full circle. Reward programs contribute to organization success but it does have it pros and cons. Many pros develop when using reward programs such as attracting top talent, motivating employees; strive for growth, development, and retaining good

Kinjcki and Kreitner found in their research that there are different elements that contribute to failed outcomes such as high level of emphasis on monetary benefits. A combination of behaviors, reward selection and delayed performance incentive to name a few. (Kinjcki and Kreitner, 2012) There are many reasons reward programs can fail within organization but it also brings value. It is learning how to effectively use rewards system within an organization along with employee recognition.
Leadership need to demonstrate to their employees’ acknowledgment to help improve confidence in order to feel self-worth within the organization. Leaders need to show verbal appreciation of a job well done. Humans are emotional creatures and value the verbal acknowledgements. Wiley and Kowske found in their search that recognition and appreciation are valued and essential in everyday day life. (Wiley and Kowske, 2012) Recognition and appreciation helps lay the ground work between leader/employee to help create a window of openness of ones ideas and value through positive