Register now or log in to join your professional community.
The only disadvantage is that may create a kind of jealousy, but the advantages are many including:
- rewarding good performers
- motivate employees to perform better
- strengthen copetition
This will create a disciplined atmosphere in a indirect way and improve the efficiency and productivity of the employees.
main disadvantage which I feel is the continuity process and appropriate selection criteria--poor performers feel a little bit dejected.
Advantages
motivation it gives to the employees to work at their highest potential
takes away the factor of favoritism in the workplace
Give everyone a fair chance
Disadvantages
Trying to motivate an individual can demotivate a group
Create dissent amongst employees
Public recognition breeds unhealthy internal competition
adv.:-
all emp. can do a hard work - more efficiency in work & Creativity
dis Adv.:
jealousy from lazy emp.