In this article, you'll find 6 tips to build an employee recognition program. The Thrive Global Community welcomes voices from many spheres on our open platform. We publish pieces as written by outside contributors with a wide range of opinions, which don't necessarily reflect our own. Community stories are not commissioned by our editorial team and must meet our guidelines prior to being published. According to research, not getting enough recognition is one of the primary reasons for employees to move on to greener pastures. Want to have an employee recognition program for your organization that actually works? So how do you go about building one? 1. Define Your Vision First, write down your goals and objectives. Is it to improve the level of employee engagement? Or to build a better company culture? Do research about the benefits that a recognition program can bring to your company. Read all the tips, tricks, and best practices and implement them into your program. It's important to have a cost estimation (including hidden costs) of recognition programs.
Once you've collected actionable data, make improvements where possible. — Published on May 4, 2020 Pawan Kumar, Content Marketing Consultant and Blogger I'm a digital marketer, a blogger, trainer, and storyteller. I've been featured on many reputed publications and online magazines! I'm an avid reader and movie buff. Let's connect on Social Media. Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here. You might also like... Community // February 11, 2020 Essentials for Engagement: Trust Community // February 23, 2021 Lessons on Building Positive Company Culture and Employee Recognition Community // July 5, 2018 5 Beliefs That Will Help Your Organization Thrive
Having an employee rewards and recognition platform is the single best thing you can do for your company. According to Globoforce, 83% of HR leaders say that an employee recognition program benefits their company values. Developing An Employee Rewards And Recognition Program That Actually Works It's quite apparent that implementing an employee rewards and recognition program for your company should be the need of the hour for you. So how do you go about building one? It's not too complex if you know have the right formula to set up an employee rewards and recognition program. Here is our informative six steps cheatsheet: 1. Clarify Your Vision Before you start implementing employee recognition programs, you must be clear about what it involves. Goals Be sure about your goals, expectations, and the intended result from the employee rewards and recognition program. Identify the purpose of implementing the program. Is it to increase the level of employee engagement? Boost sales? Or to establish better company culture?
The program must be flexible and fair to the employees in the division. Step 3: Communicate and define the goals of the program It is very important that the whole point of employee recognition program is clear to everybody involved. Is the company trying to improve the engagement of the employee? Create a positive work atmosphere? Or strengthen a sense of accountability? The end result should always align with the ways through which they can appreciate each other. For Example, if you are trying to improve the morale of the office, acknowledge the employees with positive attitudes. Step 4: Decide the kind of rewards you want to offer. Your rewards can be anything but make sure they are genuine and sincere. You might want to consider taking the help of these examples in deciding the kind of reward you want to give to the employees. Framed certificates of excellence. Plaques Tickets to local events Gift certificates. Gift cards Step 5: Decide when to award and to whom. After you have decided which behaviors you want to reward you must decide how often and when to offer the rewards.