G.I.V.E. Model of Employee Rewards and Recognition

The?G.I.V.E. Model of Employee Rewards and Recognition?is based on a?combination of recognition strategies.?These have proven highly effective in enhancing employee motivation and engagement levels across different work environments and organizational cultures.

1. G = ‘Genuineness’ means that the recognition should be offered only to deserving employees rather than those favored by the managers.
2. I = 'Immediacy' Providing?immediate recognition?is as important as ensuring that it is offered genuinely.
3. V = 'Valued' Organizations should ensure that the reward and recognition being given to employees has significant value for them.
4. E = 'Equal Opportunity' To get the best results from an employee recognition program, organizations need to make sure that they?provide equal opportunity for all?employees to participate in the programs and win awards.