The extraordinary impact of employee recognition {Slideshare}

power of recognitionIt’s been proven time and again that companies with a highly engaged workforce find success in the critical areas of: employee retention and productivity, customer service and business profitability.

There is also plenty of evidence pointing to the strong link between effective recognition and strong employee engagement.

Whether you think your company does employee recognition and engagement well, or whether you know your approach needs to improve dramatically, it pays to be armed with all facts so you can make an informed decision, and, if needed, build a compelling business case.

If you’re looking to build a strong culture of appreciation and acknowledgement, you need to be in a position to answer key questions, such as:

  • How do you measure the ROI in recognition and reward?
  • Gen Yers are taking over the world, but how do they want to be recognised? And what about Gen X and Baby Boomers?
  • When do I recognise and when do I reward?
  • What role do managers play?
  • How should recognition be communicated and shared – what role does social media play?
  • What behaviours do we want to encourage?

These are just for starters but make no mistake, you need to know the answers, as the sceptics remain. And in uneven economic times, they take more convincing than normal.

If you haven’t already, take the time to fully understand and embrace the positive impact effective employee recognition and reward can have on your organisation.

Your people – and your company – will thank you for it.

View and download our white paper:

“The Power of Recognition: The compelling facts about employee engagement”

 

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