State of Employee Recognition & Rewards
Maximizing your investment in Recognition & Rewards while avoiding common program pitfalls
REALITY CHECK
94% of organizations have an employee Recognition or Rewards program, but these programs often fall short of effectiveness.
Common challenges include:
- Poor communication and visibility of the program
- Lack of leadership engagement
- Inconsistent application leading to fairness concerns
- Disengagement among employees who do not receive recognition
- Only 1 in 4 organizations involve employees in creating new recognition or rewards programs
THE GOAL: DONE RIGHT
When executed effectively, Recognition & Rewards programs can have a significant positive impact on workplace culture and employee satisfaction.
What do employees want from Recognition & Rewards programs?
5 ways to collect and utilize employee feedback for program improvement include:
1. Surveys
2. Focus groups
3. One-on-one interviews
4. Suggestion boxes
5. Pulse checks
Implementing these methods ensures that programs align with employee needs and fosters a more inclusive work environment.
