The first step in designing a reward system is to establish a clear link between what people are rewarded for and organization's priorities. Be careful when you are offering money or recognition for employee suggestions. This can lead to conflict rather than the cooperation. Individuals and groups often end up protecting their ideas. The suggestion systems separate idea generation from its implementation.
See the link below for detailed overview of the article:
Employee Reward System
See the link below for detailed overview of the article:
Employee Reward System