[Company Logo][Company Name]
EMPLOYEE REWARDS POLICY
- Policy No.:
- [Reference Number]
- Effective Date:
- [Date]
- Owner:
- Human Resources
- Approved by:
- [Authorised Signatory]
1. Purpose
This policy sets out how [Company Name] rewards employees for outstanding performance, behaviour aligned with company values, and contributions beyond their role, in a manner that is fair, transparent and within budget.
2. Scope
This policy applies to all permanent and probationary employees of [Company Name] at all locations. Trainees and fixed-term employees are covered for non-monetary recognition; monetary rewards for them require HR head approval. Contract workers may be recognised through non-monetary means or through the contractor as per the service agreement.