employee reward system employee reward and recognition program employee incentives EMPLOYEE REWARD SYSTEM How to implement an effective Employee reward system in your company Rewarding people for good work done isn’t something new and history is replete with stories of people being rewarded for commendable efforts. Things haven’t changed in this regard in companies today and studies have shown that attrition is indeed less in companies that have strong Human Resource policies that have successfully implemented employee reward systems in place. A practical, scalable and result oriented employee reward system would make the process of recognizing and rewarding employees a seamless and effortless activity that falls in line with the entire HR function, company wide. With the advent of technology, it is now easier to implement an enterprise-wide employee reward system. However, there are a few things to be kept in mind for best results: