Professional Documents
Culture Documents
CHPL/CP/HR/P-IV/1
Subject
Version
2013/1
Effective Date
1.1
OBJECTIVE
1.2
SCOPE
1.3
1.3.1
AWARD AMOUNT
KEY POLICY CLAUSE
AUSE
c. The total of monetary and non-monetary awards shall not exceed Rs. 5,000.00 per
employee per fiscal year.
1.4
TYPES OF AWARDS
1.4.1
MONETARY AWARDS
1.4.2
1.5
2|Page
The contents of this handbook are presented as a matter of information. The company
reserves its rights to modify, change, disregard, suspend or cancel at any time, without
written or verbal notice, all or any part of the handbook's contents as circumstances may
require.
1.5.1
1.52
1.1
a. This approach provides employee rewards and recognition at any time for demonstration of
behaviors and values of the organization, contributions to the goals and objectives of the
organization or work unit and to acknowledge individual or team accomplishments.
b. Examples include rewards and recognition for:
i. Teamwork award
ii. Project Completion award
iii. New or modified business practices award
iv. Exemplary effort award
v. Employee appreciation award
1.6
1.6.1
LEVEL ONE
1.6.2
LEVEL TWO
1.6.3
LEVEL THREE
1.7
MANAGEMENT RESPONSIBILITY
i.
Each HOD shall determine how the policy is to be administered within their respective
areas within the pre-allotted budget.
ii.
A written plan will be developed that indicates the type of reward and recognition
programs to be used, the nomination process, the criteria for determining the level of
the award, the approval process, and the communication plan.
iii.
The written plan will be reviewed by Corporate HR for adherence to the organizations
policy for recognition and approved at the level of CMD prior to implementation.
4|Page
The contents of this handbook are presented as a matter of information. The company
reserves its rights to modify, change, disregard, suspend or cancel at any time, without
written or verbal notice, all or any part of the handbook's contents as circumstances may
require.