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.

Selecting an Employee Rewards System is like Buying a Car

Selecting An Employee Rewards System Is Much 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.

Importance of Celebrating Personal Milestones of Employees

Importance of Celebrating Personal Milestones of Employees

Celebrating personal milestones of their employees as part of their employee rewards and recognition programs can help organizations to motivate their employees and drive their performance, commitment and loyalty.

Social Recognition is Essential for Employee Recognition

Social Recognition is Essential for Employee Recognition Systems

Social recognition is all about publicizing the efforts and achievements of employees in a manner that inspires other members of the workforce to perform better and get similar recognition.

Freedom of Choice for Success of Employee Rewards Programs

Freedom of Choice for Success of Employee Rewards Programs

Organizations need to think beyond standard and popular options for rewards to ensure success of employee rewards programs.
The freedom of choice when it comes to employee rewards is critical for deriving the desired result from such programs.

Complete Guide to ‘Employee of the Month’ Award

Complete Guide to ‘Employee of the Month’ Recognition Program

The employee of the month is a recognition given to an outstanding performer.
Though the concept sounds interesting, it is not as straightforward as it looks.

Key Elements of a Perfect Employee Recognition Program

Key Elements of a Perfect Employee Recognition Program

Understanding the key elements of a perfect employee recognition program is the first and the most important step that organizations need to take in the direction of developing such a system.

Best Appreciation Messages for Employee Recognition

33 Best Appreciation Messages for Employee Recognition

Good appreciation messages add great value to the significance of the awards for the employees and motivates them to achieve even greater heights of performance.

execution of an Employee Recognition Program

Employee Recognition: The Devil is in the Execution

It is not just enough to design great employee rewards programs; knowing and overcoming the various challenges that hinder the efficient execution of such a program is the key to ensuring their long-term success and delivering the expected return on investment for the organization.

Rewards and Recognition for Sales Teams

Employee Rewards and Recognition for Sales Teams

A well-defined and properly thought-through rewards and recognition program can ensure a higher level of satisfaction and motivation of their sales representatives and deliver business impact well beyond just sales incentives!

Guide to Employee Recognition in a Start-up Environment

Guide to Employee Recognition in a Start-up Environment

Start-ups should develop employee rewards and recognition programs that can enhance workforce performance and motivation significantly, and accelerate business growth.

5 Low Budget Ideas for Employee Rewards and Recognition

5 Low Budget Ideas for Employee Rewards and Recognition

There are many low budget ideas for employee rewards and recognition for organizations to run such programs and still get the desired results in form of enhanced employee motivation and engagement levels.

Most significant disadvantages for organizations lacking a good rewards program

Can Lack of Employee Recognition Program hurt an Organization?

Lack of an employee recognition program can hurt an organization as it is one of the key HR strategies for motivating and engaging employees.
Hence, organizations should necessary steps to address this gap and implement a robust employee recognition program.

Significance of a Good Employee Recognition Program

A Step-by-Step Guide on How to Set up an Employee Recognition Program

This step-by-step guide on how to set up an employee recognition program is based on best practices from organizations that have successfully implemented employee recognition programs for building a work culture that promotes innovation, performance and business growth.

Impact of Digitization on Personal Touch in Employee Recognition

Impact of Digitization on Personal Touch in Employee Recognition

Overall, it does seem that digitization of the employee rewards and recognition program adds much more than what it takes away.
There is no reason to believe that it would reduce the personal touch.

Why Build Internal Tool for Employee Rewards and Recognition

Why Build Internal Tool for Employee Rewards and Recognition

In the short run, it might make sense to build your own employee rewards and recognition tool especially if you have the available resources, but in the long run, it might not turn out to be such a wise investment.

Innovative Award Names

70 Innovative Award Names for Employee Recognition (part 2)

Organizations should come up with innovative and engaging names for their employee rewards and recognition programs.

Benefits of Appreciating Employees for Community Service

Should Organizations Recognize Employees for Community Service?

Recognizing employees for their contribution towards community service goes to show that the organization too cares for the greater good of society and encourages its employees to be directly involved in such initiatives.

Importance of Employee Recognition during difficult times

Importance of Employee Recognition during difficult times

Employee Recognition during difficult times, especially in a timely and effective manner can help organizations get the support, dedication and commitment of their employees.

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.