1. The G.I.V.E. Employee Rewards and Recognition Model, based on a study of R&R best practices in 1000+ organizations by HiFives, emphasizes Genuineness, Immediacy, Value, and Equal Opportunity in employee recognition programs.
2. This model advocates for genuine recognition based on clear criteria, immediate acknowledgment to boost motivation, rewards that employees value, and equal chances for all employees to be recognized.
3. Implementing this model helps organizations enhance employee engagement, drive productivity, and foster a positive work culture.
The core idea of any employee recognition program is to acknowledge and appreciate employees’ good work and motivate others to replicate such behavior. The G.I.V.E. Model of Employee Rewards and Recognition offers a comprehensive approach that incorporates key principles of employee rewards and recognition.
Organizations adopt unique strategies and methods to recognize and appreciate their employees most effectively.
However, there are certain common principles that when followed can help organizations develop successful employee rewards and recognition programs.
The G.I.V.E. Model of Employee Rewards and Recognition aligns with the best practices of successful employee recognition programs from over 1,000 organizations studied by HiFives.
The G.I.V.E. Model of Employee Rewards and Recognition is an R&R franework based on successful recognition strategies across 1000+ organizations by HiFives.
These practices significantly enhance employee motivation and engagement across various work environments and organizational cultures.
G.I.V.E. is the abbreviation of the following terms:
1. Genuine
2. Immediate
3. Valued
4. Everyone
These are the four guiding principles of this model:
‘Genuineness’ means that the recognition should be offered only to deserving employees rather than those favored by the managers.
Therefore, the organization should ensure that the recognition incorporates specific criteria of performance, behavior, or even particular achievements or initiatives by the employees.
Hence, it adds to the credibility of the process and makes it more transparent and unbiased.
Implementing a digital employee rewards platform can enable organizations to create a fair, unbiased, and transparent system of rewards and recognition.
The reward system should allow managers to nominate their team members for different award categories.
Such nominations might be routed to the business leaders or the HR for moderation and approval through the system.
Additionally, organizations can use an online jury or panel-based evaluation process.
A large insurance company leverages the HiFives platform to manage its employee rewards and recognition program.
Its quarterly and annual awards incorporate a well-defined nomination and evaluation system.
The system comprises clear criteria, data points submitted by nominators, screening by business heads, neutral juries, and evaluation based on predefined parameters to ensure a fair and unbiased process.
Providing immediate recognition is as important as ensuring that it is offered genuinely.
It has become essential for organizations to eliminate or reduce the focus on monthly and yearly recognition events and replace them with something more spontaneous and prompt, such as on-spot recognition.
Delays in recognition can leave recipients feeling disappointed and undervalued.
By implementing the right employee recognition software in the organization, managers can reward and recognize employees instantly for their achievements and positive behaviors.
They no longer need to wait for monthly cycles for HR to collect and process nominations.
Genuine and timely recognition has a tremendous impact on employee motivation.
At a large multinational manufacturing company, managers and supervisors utilize the HiFives platform to provide spot recognition to their team members.
It ensures that significant employee achievements are recognized promptly and without administrative hassles.
Organizations should ensure that the reward and recognition being given to employees has significant value for them.
The recipients should feel a sense of pride and achievement upon being recognized.
Overlooking this can render the whole process worthless and even cause the employees to feel demotivated.
Employees perceived being valued by their organization through a combination of monetary rewards and social recognition.
Digital employee rewards and recognition platforms can help organizations provide value to their employees without incurring excessive administrative hassles.
Hence, employees can receive monetary value in the form of reward points that they can redeem for their choice of gift cards or merchandise.
The organization can create social value through offline or virtual award ceremonies.
Organizations can also achieve this through announcements on internal platforms, such as Slack, Teams, or the Intranet, as well as sharing on external social platforms like Facebook and LinkedIn.
A healthcare startup leverages the HiFives platform to reward and recognize its employees for their contributions to the business and for demonstrating the organization’s cultural values.
Employees receive reward points that have monetary value and can redeem them for gift cards of their choice.
They also receive social visibility from their coworkers, as recognition notifications are published on the platform and viewed by all employees across the organization.
To get the best results from an employee recognition program, organizations need to make sure that they provide equal opportunity for all employees to participate in the programs and win awards.
It can help enhance employees’ sense of achievement and happiness.
Therefore, having a comprehensive employee rewards and recognition program that covers employees of different work profiles, roles, levels, and tenures can ensure a higher level of participation and a more significant impact on employee motivation.
Hence, the rewards program should align with the business goals and core values of the organization.
A good employee recognition platform can help the organization implement such a diverse program with minimal effort.
At a large retail chain in the Middle East, the HiFives platform enables any employee to recognize another employee digitally.
It empowers all employees, including store associates, to participate in the rewards and recognition program and recognize one another, regardless of their role or level.
The G.I.V.E. Model of Employee Rewards and Recognition aims to maximize the benefits of employee recognition for organizations; and help them drive productivity, create a positive work culture, and nurture talent in the right way.
Lead author: Sagar Chaudhuri, the Co-Founder and CEO of HiFives. He is an HR Tech Evangelist with over 25 years of experience in both corporate and entrepreneurial settings. Previously, Sagar has held leadership roles with companies such as Genpact, Infosys, and ICICI Bank. He has an engineering degree from IIT Kharagpur and an MBA from IIM Lucknow. Connect on LinkedIn
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