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Literature review on rewards and recognition

The rationale is to anchor on previously existing knowledge, in a bid to developing both theoretical and empirical support to our ongoing study. In this study, the different reward theories would be reviewed chronologically, with latest empirical evidences on all sides of the debate. Reward policies and practices are largely founded on assumptions about the factors affecting the motivation of people to join and stay with the organization and to work hard and effectively, while they are there. Reward policies can be no better than the motivational theories and beliefs upon which they are based, indeed reward systems are designed on the assumption that the only thing that motivates people is money. Of course money is important, but it is not as simple as that.
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Google Reward And Motivation: Literature Review | Researchomatic

The concept of rewarding someone for a job well done is not a new one. But what made the approach to employee rewards and recognition programs more legitimate was the industrial revolution. Where and when did recognition start in the workplace? What did early workplace recognition look like back in the day? From ancient Greece to the modern workspace, we explore recognition's origins below. With Frederick W. So with the help of his Scientific Management theories, he paved the way for a practice that not just recognised the good work employees were doing but rewarded them too.
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Impact Of Rewards And Recognition Management Essay

The former is about giving positive feedback based on results or performance. This distinction matters because recognition and appreciation are given for different reasons. Even when people succeed, inevitably there will be failures and challenges along the way; depending on the project, there may not even be tangible results to point to.
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The role of rewards in promoting innovation has received considerable attention in both theory and practice. The fact that rewards have a positive impact on promoting innovation is well established. However, this relationship is complex since different types of rewards are suited for various kinds and stages of innovation. Further, an alternate view undermines the role of rewards in promoting innovation.
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