HiFives Industry Best Practices of Employee Rewards and Recognition covering different aspects of rewards and recognition policy, program design, program implementation, R&R technology, etc.

150 Innovative Names for Employee Recognition Programs

150 Innovative Names for Employee Recognition Programs

Organizations need to invest time and effort to come up with innovative names for employee recognition programs as one of the first steps towards developing an effective employee recognition program.
A unique, innovative, and relevant program name is likely to generate more interest and engagement in the program from the employees.

How to Recognize Customer Support Representatives?

A Complete Guide to Recognizing Customer Service Representatives

Recognizing customer service representatives should be high on every organization’s agenda.
They form a critical part of the workforce that can make or break the customer experience, which in turn can play a key role in the growth and success of the business.

Should you Reward Underperformers for One-Off Achievements?

Should You Reward Underperformers for One-Off Achievements?

This is one dilemma that many Line Managers and HR Partners face - whether to reward underperformers for significant achievements, as part of the employee rewards and recognition program.

Key Trends in HR for 2021 and Beyond

Key Trends in HR for 2021 and Beyond

The key trends in HR in 2021 will be driven largely by the happenings in 2020.
These have accelerated the long-term changes in HR that were already underway for the last several years.
Organizations that are able to understand and leverage these changes quickly can gain a significant competitive advantage over their industry peers and demonstrate higher business growth.

Why do Employee Rewards and Recognition Programs fail?

Why do Employee Rewards and Recognition Programs fail?

These are just a few of the top reasons why employee rewards and recognition programs fail.
Leaders and HR must avoid these pitfalls to keep the programs alive and kicking, to keep employees motivate and productive at the workplace.

What’s the Best Form of Employee Rewards?

What’s the Best Form of Employee Rewards?

Organizations have tried everything for employee rewards over the years - from trophies, company branded merchandize, durables, electronics, holiday packages, gift vouchers, and even cash.
What is the best form of employee rewards?

Rewards and Recognition – Winner takes all! Is it fair?

Rewards and Recognition – Winner takes all! Is it fair?

Whether the winner takes all phenomenon is fair or not is the question to be asked.
It seems only logical that the highest performing employees would end up getting the maximum recognition and rewards.

Employee Recognition Impact Business

How Does Employee Recognition Impact Business?

Organizations can develop employee recognition programs that are aligned to their business objectives, organizational culture and workforce profile; and drive the desired results.

Why ‘Cash is not the King’ when it comes to Employee Rewards

Why ‘Cash is not the King’ when it comes to Employee Rewards

Traditionally, regarded as a ‘no-brainer’ form of reward, cash rewards are falling out of favor of employees, reducing their impact on employee motivation. It is time for organizations to move away from the tradition of cash rewards and consider other options.

8 Creative Ideas for Startups to Recognize Employees

These creative and impactful ideas for startups to recognize their employees should help them energize and drive them to even higher levels of performance.
This, despite the challenging, unstructured and often chaotic work environments.

Top 5 Things for Organizations to do to make Employees feel valued

Top 5 Things for Organizations to make Employees feel valued

Organizations can need to take implement these measures to make employees feel valued. They can build a highly engaged, self-motivated, and completely dedicated workforce to drive business growth and profitability.

Should Organizations Reward Employee Performance or Behavior?

Should Organizations Reward Employee Performance or Behaviour?

Organizations faced with the dilemma of whether to reward employee performance or behavior.
They need to balance between achieving business goals and creating a more positive work environment.

Examples of Employee Rewards Programs in Different Industries

Examples of Employee Rewards Programs in Different Industries

The various examples of employee rewards programs provide a generalized framework for organizations to design programs suited to their industry type and maximize the outcomes of such programs.
Obviously, individual organizations need to tweak these guidelines to match their business objectives and employee expectations.

How Important is Recognition for Employee Engagement?

How Important is Recognition for Employee Engagement?

All said and done, recognition plays an integral part in employee engagement no matter how it is executed.
At the end of the day, employees feeling happy is what matters most whether is a pat on the back, or a trip to the Bahamas!

Employee Rewards and Recognition for Culture Change

Employee Rewards and Recognition for Culture Change

Employee rewards and recognition can play a pivotal role in initiating a change in the organization's culture.
Organizations should include behavior or value-based recognition in their employee programs in addition to the general outcome based recognition.

A Guide to Festival Gifting for Employees

A Guide to Festival Gifting for Employees

This guide to festival gifting for employees can help organizations manage the process smoothly with minimum administrative overheads and operational hiccups.

10 Best Creative and Low-Cost Ways to Reward Employees

10 Best Creative and Low-Cost Ways to Reward Employees

Adopting creative and low-cost ways to reward employees helps in creating a highly motivated workforce committed towards ensuring organizational growth and success with minimal budgets.

Selecting an Employee Rewards System is like Buying a Car

Selecting an Employee Rewards System is like Buying a Car

Selecting an employee rewards system is a high-involvement decision just like buying a car.
Hence, organizations need to proceed step-by-step with the decision-making by considering all possible factors to ensure that they select a system that best fits their requirements and budgets.

Do Successful Employee Rewards Programs Need Hefty Budgets?

Do Successful Employee Rewards Programs Need Hefty Budgets?

It is extremely important that organizations shift their focus from pouring money into their employee rewards programs to ensuring their proper design and implementation.  

Frequency of Employee Recognition Matters for Organizations

Frequency of Employee Recognition Matters for Organizations

An increasing number of organizations have started realizing that the frequency of employee recognition matters for the overall success of their rewards and recognition programs and helps them maximize the business benefits from them.

The HiFives Team has vast experience of partnering with HR professionals from hundreds of organizations across multiple industry verticals and geographies. Based on these extensive interactions, the HiFives Team compiles a list of best practices of Employee Rewards and Recognition and other topics in HR Management and Technology and writes blogs on those topics. Those blogs are then published on the HiFives website. HiFives publishes at least 1-2 blogs every week on various HR related topics. The HiFives Team also write guest blogs for other blog platforms and websites relevant to the community of HR professionals. To stay updated on the latest HiFives blogs follow us on Twitter (@MyHiFives)

If you are an HR practitioner or an HR blog writer, you can contribute to the HiFives blog as a guest author. You can simply contact us for more details. You can write on any topic in HR related to employee rewards and recognition, employee motivation, talent management, learning and development, organizational culture, performance management and any other topic that may be relevant to our audience of HR professionals across the globe.