July 3, 2022 0 Comment

7 Best Hacks For Your Employee Recognition Program

There are employee recognition programs and then there are effective employee recognition programs. Most organizations are cognizant of the potential impact of effective recognition programs; however they feel challenged in achieving the desired results. Here are the 7 best hacks for your employee recognition program that can take it to the next level and deliver the expected benefits.

Expected Benefits of Employee Recognition Programs

The effectiveness of an employee recognition program is measured typically by tracking the following metrics:

1. Employee Performance/ Productivity
2. Engagement/ Job Satisfaction
3. Collaboration / Work Culture
4. Employee Retention
5. Employer Brand

A good employee recognition program should have a positive impact on one or more of the above metrics.

Best Hacks for your Employee Recognition Program

Here are the 7 top hacks to drive your employee recognition program to the next level and get the expected benefits:

7 Best Hacks for your Employee Recognition Program
7 Best Hacks for your Employee Recognition Program

1. Go Digital

The first and foremost way to get an employee recognition program off the blocks is to digitize it completely. Digitization of the employee recognition program can make the program suitable for a distributed and hybrid workforce and reduce the administrative overheads of running the program. 

The digital recognition platform can also help in improving the end user experience considering the growing proportion of millennials and Gen Zs in the workforce who have greater affinity towards digital products and services.

2. Focus on User Experience

It is not just enough to have a digital employee recognition platform, but to ensure that it is user friendly and provides great experience to the end users. One important aspect of the user experience is enabling employees to access the platform from anywhere – desktop or mobile devices.

Integrating with other platforms in the organizations such as HRMS, Intranet, MS Teams and Slack can enable employees to log into the platform seamlessly through a single sign-on.  Having an engaging yet intuitive user interface is yet another aspect that drive the usage and impact of the platform.

3. Gamify It

Adding different game elements such as rewards points, badges and e-certificates, leaderboards, wall of fame, etc. can help make the program more exciting and engaging for the employees, which can help in driving up the usage and eventually the impact from the program.

Once again, the large segment of millennials who have a strong exposure to the gaming culture are likely to patronize a program that has gamification built into it. Higher participation is likely to drive better results from the program.

4. Add Monetary Benefits

Monetary benefits can help in driving up the level of participation of the employees in the program. A points-based rewards system that allows employees to redeem for gift cards, cash or other monetary benefits is definitely a must-have for any effective recognition program.

These monetary benefits should be calibrated based on the workforce profile, available budgets and industry trends. It is always a good idea to benchmark these rewards with programs of other players in the industry.

5. Create Variety

An effective employee recognition program should have enough variety in terms of categories of rewards and recognition. This keeps the employees excited and involved in the program and ensures the desired level of participation.

The variety can be achieved through recognition of employee performance over different timeframes – immediate/ instant, monthly, quarterly and annual. The recognition should also be targeted at different aspects of the employee’s performance –individual, collaborative, innovation, learning and development, etc.

6. Leverage Peer Recognition

Involving co-workers in the process of recognition instead of just the supervisors and the management can give a tremendous boost to the traction and impact of these programs. Peer-to-peer recognition can be a potential game changer for employee recognition programs.

Peer recognition can help in creating a more collaborative and open work culture.  It comes at virtually no additional cost to the company but can add great value to the program, in terms of participation and impact.

7.  Create a Buzz

Gamification and monetary benefits alone might not be enough to keep employees interested and involved in the recognition program. Creating social visibility around the program is equally important, if not more.

For a generation of employees who spend considerable amount of their time on social media, it is critical that their achievements and recognition get noticed by their co-workers and even by their friends and connections. Hence, publishing employee recognition on internal platforms such as Intranet, MS Teams, Slack, etc. and even on social media platforms such as LinkedIn and Facebook can give a big boost to the effectiveness of the program.  

Bottom-Line

As an organization, considering these 7 best hacks for your employee recognition program and implementing them can really help you derive greater returns from your program.

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HiFives (https://www.hifives.in) is an employee rewards, recognition and engagement SaaS platform that enables organizations to digitize, automate and transform their employee experience. The platform enables supervisors and co-workers to nominate, recognize and reward employees using a points-based system. Budget management, jury-based evaluation and multi-level approval workflows are built into the platform. HiFives has social features such as a wall of fame and gamification features such as leaderboards, e-certificates and digital badges. It also has a global redemption system with country-specific e-gift card options. HiFives integrates with all leading HRMS systems, Office 365, Google Workspace, MS Teams, Slack and other popular tools used at the workplace. HiFives is used by many large enterprises, small businesses and startups across 25+ countries in the world, in many industries including manufacturing, retail, technology, financial services and media.