by Derek Irvine
Recognize This! — Results-driven recognition programs that focus on deeply embedding recognition into the company culture have the greatest impact on employee engagement, motivation, satisfaction and retention.
To summarize, top trends highlighted are:
1) Prevalence of recognition programs in organizations continues to grow with emphasis on those that drive results. While length of service continues to be the most prevalent of program types, those that have real results-driven impact continue to grow in popularity, especially programs celebrating above-and-beyond performance, motivating specific behaviors, and encouraging peer recognition.
2) Top goals for recognition continue to align with types of programs offered. Motivating high performance, reinforcing desired behaviors, and creating positive work environments through a culture of recognition continue to top the goals list for recognition programs.
3) Results-driven programs gain in importance in organizations overall, with an emphasis on increasing employee engagement, motivation, satisfaction and retention.
4) Creating at true culture of recognition and appreciation is a driving factor for increases in employee engagement and motivation.
“Through further analysis it was found that organizations with a strategic and/or embedded culture of recognition indicate that their employees have higher engagement, motivation and satisfaction. Additionally, organizations leveraging result-driven recognition programs, in particular, may be experiencing greater overall success.”
As I said in Compensation Cafe, Good planning matters. Employee recognition is not a nice-to-have soft-skill. When done strategically to reinforce desired behaviors and drive organizational strategic objectives, recognition can have a significant impact on the factors most closely related to increased employee performance, productivity and customer service. That requires detailed planning up front and continual evaluation as organizational needs change for two critical factors: (1) your primary goals and ambitions for the program and (2) the metrics you will use to measure success against those factors.
What trends for recognition are you seeing in your organization?
About Derek Irvine
The VP of Client Strategy and Consulting at Globoforce, Derek Irvine is one of the world’s foremost experts on employee recognition and engagement, helping business leaders set a higher vision and ambition for their organizations. As a renowned speaker and co-author of "The Power of Thanks" and "Winning with a Culture of Recognition," he teaches companies how to use recognition to proactively manage company culture. Derek holds a B.Comm and Masters of Business Studies from the Smurfit Graduate Business School at University College Dublin.