WorldatWork, the Total Rewards Association
 
 
Password:  Change  |  Forgot  |  Help   
     
Email   Print
 

 

Compensation  >>   Creative Name for Recognition Program in BIotech/Medical Devices Industry Search Discussion Posts
Discussions Help
Sort By: Oldest posts first Most recent posts first
#1

Creative Name for Recognition Program in BIotech/Medical Devices Industry  
Posted: 04/06/2010 10:20am   96 Views
  

We are re-launching our existing spot bonus program and we would like to use a program name that recognizes individuals for above and beyond contribution in a corporate culture that places a lot of emphasis on teamwork.  I would like to get some suggestions on some creative names that we can use to call our spot bonus program.  Can you share some names that you have used in reference your spot bonus programs for recognizing individual performance above and beyond expectations?


Private34235

   
Creative Name for Recognition Program in BIotech/Medical Devices Industry  
Posted: 04/06/2010 10:37am  
  

You might find something in the following link or in the recruiting information on the websites of some of these cutting edge companies, and others in your industry that you admire. 

 http://money.cnn.com/magazines/fortune/bestcompanies/2010/

 


Private10790

   
Creative Name for Recognition Program in BIotech/Medical Devices Industry  
Posted: 04/06/2010 10:46am  
  

One very well-known major corporation had an annual "giraffe award" for the individual who stuck their neck out the farthest by tackling an ambitious project or issue.  It was frequently awarded to people who led failed initiatives that nevertheless were laudable and praiseworthy unsuccessful efforts.  They encouraged employees to strive hard and shoot high, even if you fall short in the end. 


Private11377

   
Creative Name for Recognition Program in BIotech/Medical Devices Industry  
Posted: 04/07/2010 07:07am  
  

In a similar vain to what James mentioned, I worked in a small group that had an award called "The Handle."  This was a bright red, plastic handle from an old snow shovel that had been nailed onto a wooden platform.  The award came with a "spot cash" award and was proudly displayed in the cube or office of whomever was the most recent recipient.  The actual Handle would periodically be relocated to the working space of the next person who had proven that "they had a handle on a challenging situation." 

This is not a life sciences specific name... you might consider that one of the keys to successful science it to have "reproducible results."  An award to encourage reproducible results in a challenging work situation might be the "Handle."

Jo-Dee Gentile

 

 


#2

Creative Name for Recognition Program in BIotech/Medical Devices Industry  
Posted: 04/07/2010 02:19pm  
  

I used to work at a company that had a program in place called STAR - Employee Reward and Recognition Program.  It has four levels of awards, depending on amount and size of group that was being awarded - Applause, Bravo, Ovation, and Encore.  Thought that was pretty clever!


#3

Creative Name for Recognition Program in BIotech/Medical Devices Industry  
Posted: 04/07/2010 02:32pm   Revised: 04/08/2010 05:07am  
  

The Props and/or Mad Props Award Program might be fitting names for award programs in some company cultures.

Try to come up with a name consistent with your line of business,advertising messages, corporate culture, and program goals.


 
Top Contributors
Compensation




CONNECT WITH US 

Copyright  |  Privacy Policy  |  Site Map  |  Advertise with Us  |  Community Terms and Conditions

WorldatWork