Rewards Committee Meeting Minutes HR

Rewards Committee Meeting Minutes HR

Meeting Overview

Date: October 22, 2050
Time: 10:00 AM
Location: Conference Room B

Attendees:

  • Sarah Johnson (Chairperson)

  • Michael Lee

  • Jessica Smith

  • David Brown

  • Emily Clark (HR Representative)

Absent:

  • Tom White

1. Call to Order

The meeting was called to order by Sarah Johnson at 10:00 AM.

2. Approval of Previous Meeting Minutes

The minutes from the previous meeting held on September 15, 2050, were reviewed.
Motion: To approve the minutes as presented.
Moved by: Michael Lee
Seconded by: Jessica Smith
Decision: Approved unanimously.

3. Agenda Overview

The agenda was presented and accepted without changes.

4. Review of Current Reward Programs

  • Overview of Existing Programs:
    Emily Clark provided an update on current reward programs, including performance bonuses, recognition awards, and employee discounts.

  • Feedback from Employees:
    Feedback collected from employee surveys indicated areas for improvement, particularly regarding the visibility and accessibility of the reward programs.

5. Discussion on Proposed Changes

  • Program Enhancements:
    The committee discussed potential enhancements to the existing reward programs, including:

    • Increasing the budget for performance bonuses.

    • Introducing a new employee recognition platform to celebrate achievements in real-time.

  • Action Items:

    • Jessica Smith to research best practices from other organizations regarding recognition programs.

    • David Brown to gather additional employee feedback through focus groups.

6. Budget Considerations

  • Budget Review:
    Emily Clark presented the budget allocated for rewards for the upcoming fiscal year. The committee discussed the potential need for increased funding to accommodate proposed enhancements.

  • Decision:
    Motion: To recommend a 10% increase in the rewards budget for the next fiscal year.
    Moved by: Sarah Johnson
    Seconded by: Michael Lee
    Decision: Approved unanimously.

7. Next Steps

  • Follow-Up Meeting:
    The committee agreed to schedule a follow-up meeting for November 12, 2050, to review progress on action items and finalize recommendations for the upcoming budget meeting.

8. Other Business

  • Future Considerations:
    Discussion on exploring non-monetary rewards and recognition strategies for remote employees.

9. Adjournment

The meeting was adjourned at 11:00 AM.
Next Meeting: November 12, 2050, at 10:00 AM

Action Items Summary:

  1. Jessica Smith to research best practices for recognition programs.

  2. David Brown to gather feedback through focus groups.

Prepared by: [YOUR NAME]
Date: [DATE]

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