iNM Volume 9 | Page 26

DISRUPTIVE INNOVATION PAGE 20 REWARDS AND RECOGNISATION In RMSI there is a practice of Mutual Admiration MAD where employees send a note of appreciation on a cardboard leaf to someone whose work they admire and appreciate RMSI has a concept of Big Boss where every team in the organization appreciates their managers by making them feel special in some way like for example decorating their cubicle while they are away In Jabong employees give each other brightly colored flashcards conveying messages of appreciation and admiration like You make a difference You are helpful etc Such practices create a positive vibe in the company ( iNM VOLUME 9 market value of their skills and quote their annual raise amount . ) . ‘ ’ , . “ ”, “ ” . . EMPLOYEE ENGAGEMENT ABC Supply believes in direct communication and relationship building The company s CEO Ken Hendricks set an hour aside every day to talk to employees He also invited employees to weekly parties at his summer home and had yearbooks printed for employees . ’ . . Technology Professional Corp TPC builds personal relationships by gathering information about employees hobbies likings lifestyle and families The company even pitches in if any family member of its employees needs help ( ’ ) , , . COMPENSATION AND BENEFITS SAP Labs India has done away with attendance and measure productivity through results rather than time spent at work They encourage innovation through an open space within their campus called AppHaus where employees collaborate to create new products Netflix offers its employees unlimited paid parental leaves in the first year after a baby is born or adopted Other companies like Amazon Apple and Adobe too have attractive maternity paternity and adoption leave policies A company called Coexist in Bristol has created a period policy which allows women employees to take time off during their menstrual cycle Full Contract a contract management firm gives its employees an allowance of 7500 to take a vacation once a year when employees have to totally disconnect from work i e they cannot even take work calls or respond to emails . . . Mertzger Associates has a Live long and Prosper Plan where employees gave ideas which would help them lead a healthy lifestyle The company created a fund and allotted money for physical activity outdoor life education and relaxation to support and turn their employees ideas to real ‘ ’ . , , ’ . . , , , . ‘ ’ . , $ , . . . Technology Professional Corp TPC follows a practice of asking employees to find out the ( ) Eze Castle Software gives 20 minute break to employees to communicate with each other .