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What should be the best reward for an entrepreneur if his/her actions benefited organization at large? See additional details if necessary.

Entrepreneur refers to that person who adopts oppertunities, take calculated risk and develop his/her business being an employerof the business. The Intraprenuer may perform same tasks being an employee of the organization.

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Question added by Irfan Ashraf , Senior Assistant (Human Resource) , Pakistan Telecom Authority (PTA)
Date Posted: 2013/08/26
Nasir Jamil
by Nasir Jamil , BI Developer (Team Lead) , Jeeny

Along with a good salary bonus he should be rewarded with great Respect and Appreciation.
If i find such a person who can bring a great benefit to me I will certainly write his name in the Top builders of my Company.
This is also called writing ones name with a Gold Pen.
and such a person should be model for other enterpreneurs in the Organization.

Mamdouh AlSharif
by Mamdouh AlSharif , Freelance Data Manager, Manipulator and Analyst , Freelance

True entrepreneur will never be an employee. Characteristics of entrepreneurship extends the capabilities of a Super Employee. Sooner or later this employee will leave the organization to build his own dream unless he feels it is his small baby. The best reward is to merge her/him in the company by providing partnership.

Emmanuel Patrick Anseline
by Emmanuel Patrick Anseline , Leisure & Entertainment Manager , Laguna Beach Hotel & Spa GRSE

When some one work in a company he/she must think win win to push the company to the top,from that, then we can get a good salary.

Deleted user
by Deleted user

Well,reward is very relative...it means diferent things to different people.While some people(majority) take monetary compensation(salary/pay hike/bonuses/Shares etc) as most important,others regard respect,recognition,titles,education grants,leave days,holidays etc as important.That said and done,the company's culture must be first defined as it then would attract talent that believes in the rewards mechanisms of the company.If this is already in place,then the individual already has an idea of what to expect.For example,I once worked in a bank which rewarded Treasury staff with generous bonuses and pay rise while the retail sales staff competed to win either houses or cars.The operations departments were rewarded by paid air tickets and hotel accomodation to holiday destination of their choice while managers gave certificate of recognition to those who showed exceptional service.Others were flown to the UK to meet the Chairman of the Bank where they received trophies while to some just saying thank you would do :-)

 

The point is,understand the company's values and culture then learn the individual's background,culture and level of satisfaction(maslow's order of needs) and from that you will have a relatively goo idea of what to reward him/her with.

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