All organizations adopt the digital workplace as an integral part of their strategy for business growth and sustenance.

Recognizing employees for their achievements has a significant impact on the overall engagement of the workforce and results in higher business growth and profitability.

Peer-to-peer and Manager recognition are the two main pillars of a successful employee recognition program.
They should be used in tandem by an organization to build a motivate and engage their workforce.

Celebrating the work anniversaries can organizations provide a great way to reward their loyal employees and drive their motivation and commitment further.

It is important for organizations to track the benefits of their employee rewards and recognition programs and to take action based on the gap between the actual and expected results.

Organizations today are setting up employee recognition programs to enhance employee engagement and motivation levels for better productivity and business growth.

Employee recognition is both an art and a science that helps build a culture of appreciation within the organization.
This will ensure that employees think and act beyond their goal sheets and appraisals.

Technology-based employee recognition programs have become the need of the hour for organizations seeking effective and innovative ways to reward and recognize their employees and drive greater business growth.

Looking at the various employee recognition programs running in these highly rated companies, it is clear that linking the organization’s strategy and values to a successful recognition program is the key to success in the highly competitive markets. 

Keeping a few key principles in mind and with the right intent, organizations can develop effective rewards and recognition policies that deliver great results.

Reviving an ailing recognition program can be quite challenging, but when handled in a planned way, it can deliver the benefits and the return on investments for which it was designed.

It is high time for traditional organizations to start implementing modern employee rewards and recognition practices to build a highly motivated and engaged workforce by attracting, engaging and retaining top talent and driving a higher level of business growth.

Despite conceptual differences, both employee recognition and appreciation play a critical role in keeping the employees engaged and motivated.
That is why organizations need to combine both of these to consistently motivate and get the best out of their employees.

The award certificate represents the acknowledgement of the employee's performance and efforts by the organization. At the same time, is aspirational and makes the employee feel valued and special.

Measuring success of employee recognition programs is critical to assess the return on investment in them. It also helps in improving these programs in terms of employee experience.

2020 as a year should see an increasing focus on meaningful employee rewards, recognition, and benefits across organizations.

Whatever the modus operandi, consistent and effective communication is critical towards building a successful employee rewards and recognition program. Only then the organization can reap its full benefits in form of a motivated and committed workforce.