The CEO Code

Design a Rewards Program

Rewards and recognition need to be well-thought-out, be designed to be consistent and customized, and contribute to the mission and values of the organization. Your rewards program should be compatible with the culture of your organization. YUM! Brands gives out a small plastic toy (talking teeth with feet) that is inexpensive but proudly displayed on the desk of anyone who is fortunate enough to receive one, especially if it is presented by David Novak. Some organizations give out plaques, pens, or other premiums. The military gives out patches, stripes, scarves, and medals to be worn proudly on the warrior’s chest when dressed in his or her formal uniforms. For example, George McGovern, a former Congressman, Senator ...