Implementing new policy initiatives and practices concerning rewards across the organization

1 Reward for Performance and Contribution Task One Home International The principles of reward are frameworks through which an organization determines how employees should be rewarded for meeting or exceeding their targets in performance. Rewards can be divided into two significant categories tangible and intangible. The principles of reward guide organizations in rewarding their employee in a fair, predictable, and sustainable manner. The salient goal of any reward program is to motivate employees to work harder and align their goals with those of the employer (Kurniawan & Anindita, 2021). Therefore, reward principles emphasize the objective of rewarding employees' performance. One of the critical rewards principles is the total reward framework that is designed and implemented through the provision of monetary benefits in kind and the development of rewards for employees that achieve specified organizational goals (Mabaso & Dlamini, 2018). The rewards in this context are aligned with organizational culture and context relative to the external market environment. However, the total reward should be tailored to attain an equilibrium between the employee's needs and the organizational interests. Therefore, when adopted, this principle helps organizations maintain a balance between providing competitive wages to attract and retain a talented workforce. The second principle of reward is fairness, aimed at ensuring impartiality and justice in compensating and recognizing employees' efforts. According to Kurniawan and Anindita (2021), fairness in rewarding employees creates a cheerful outlook among employees about the employer and their jobs, leading to better performance. When employees view the organization as fair in how it treats employees, it is less likely to suffer problems of low workplace morale and high turnover. In addition, positive feeling helps the employees to align quickly with the organization's goals and values, leading to an excellent organizational