RnR full form

RnR full form

RnR full form in HR is rewards and recognition.

What is rewards and recognition?

In Human Resources (HR) management, "Rewards and Recognition" refers to the strategies, policies, and practices aimed at compensating and acknowledging employee performance and contributions to the organization. 

The concept goes beyond just financial rewards like salary or bonuses to include a variety of methods that recognize and appreciate employees' efforts, thereby increasing job satisfaction, motivation, and overall employee engagement.

Objectives of rewards and recognition (RnR)

The primary objectives of a Rewards and Recognition program can include:

Motivating employees

To boost productivity, encourage initiative, and foster innovation.

Attracting talent

A robust program can act as an incentive for top talent to join the organization.


Keeps employees satisfied, thereby reducing turnover rates.

Culture building

Creates a positive work environment that values and celebrates individual and team achievements.

Difference between rewards and recognition

Aspect Rewards Recognition
Nature Tangible Often Intangible
Form Monetary, Non-Monetary Benefits Praise, Acknowledgment, Titles
Timing Periodic (e.g., monthly, quarterly, annually) Can be Immediate or Sporadic
Objective Compensate for services rendered Acknowledge and appreciate efforts
Measurement Quantifiable metrics Qualitative measures
Examples Salary, Bonuses, Benefits "Employee of the Month," Thank-You Notes
Impact Typically affects livelihood Affects job satisfaction, emotional well-being
Communication Usually formal, through official documents Can be formal or informal, verbal or written
Criteria Based on KPIs, performance metrics Often discretionary, based on perceived value or contribution
Customization Usually standardized for roles or performance levels Highly customizable, individualized
Alignment with Organizational Goals Financial incentives often tied to specific organizational targets More likely to be linked to cultural or team-building goals
Tax Implications Often subject to taxation Usually not taxable
Longevity Often long-term and continuous Often long-term and continuous
Visibility May or may not be public Often public within the organization

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