Reward and punishment system-World Credit Organization

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    • 3.13 Reward and punishment system

    1. The purpose and significance of establishing a reward and punishment system

    1. Reward and punishment measures are the guarantee to achieve the unit's goals;

    2. General regulations on reward and punishment measures;

    3. The establishment and decision-making procedures of reward and punishment measures shall be stipulated to ensure that the rewards and punishments are clear and the rewards and punishments measures are appropriate.

    II. Requirements and precautions for establishing a reward and punishment system

    1. In each system, if necessary, reward and punishment measures can be set separately;

    2. If there is no separate reward and punishment measure in the relevant system, it shall be implemented in accordance with the provisions of the reward and punishment system;

    3. The establishment and decision-making procedures of reward and punishment measures should be stipulated in the system.

    Third, the reference style of reward and punishment management system

    *** Co., Ltd.

    Reward and punishment system

    Chapter 1 General

    Article 1 In order to ensure that the rewards and punishments are clear and the rewards and punishments are appropriate, this system is specially formulated.

    Article 2 The company takes clear rewards and punishments as its management principle.

    Article 3 In each regulation system, if necessary, reward and punishment measures can be set separately.

    If there is no separate reward and punishment measure in the relevant rules and regulations, it shall be implemented in accordance with the provisions of this system

    If necessary, the company can issue a separate reward system or punishment system specifically for a certain matter.

    Article 4 Staff who perform their duties correctly should be rewarded; staff who neglect their duties should be punished.

    Those who abide by the company's rules and regulations should be rewarded; those who do not abide by the company's rules and regulations should be punished.

    Chapter II Incentives and Punishments

    The fifth incentive measures are:

    1. Commend according to ICE8000 standard;

    2. Bonus;

    3. Evaluation;

    4. Review first;

    5. Salary increase;

    6. Promotion;

    7. Equity;

    8. Record credit.

    Article 6 The punishment measures are:

    1. Report criticism;

    2. Make internal and public complaints according to ICE8000 standards;

    3. Conduct credit warning according to ICE8000 standard;

    4. Internal exposure, public exposure, and joint exposure according to ICE8000 standards;

    5. Fines;

    6. Salary reduction;

    7. Demotion and dismissal;

    8. Dismissal;

    9. Expulsion.

    Chapter Three Decision and Implementation of Rewards and Punishments

    Article 7 Praise and criticism shall be reviewed and approved by the general manager.

    Article 8 The rewards for equity and credit are drawn up by the general manager and reviewed by the board of directors.

    Article 9 Punishment measures other than criticism shall be formulated by the general manager and deliberated by the board of directors.

    Article 10 The management personnel who violate the integrity culture of the unit at work shall be demoted or dismissed; the general staff who violate the integrity culture construction requirements of the unit shall be dismissed

    Chapter Four Supplementary Provisions

    Article 12 This system comes into effect on the date of promulgation.

    Article 13 This system is interpreted by the credit management department of the company.

    The above content is excerpted from "Building an Integrity Unit - ICE8000 Integrity Management" (written by Fang Bangjian, free to use, but please indicate the source)