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.
The G.I.V.E. model of employee rewards and recognition aims to maximize the benefits of employee recognition for organizations; and help them create a positive work culture where talent can be nurtured through a deeply ingrained sense of collaboration, teamwork, and availability of equal opportunities.
Implementing the above ideas of rewarding and recognizing top performers can help organizations enhance the engagement and motivation levels of their employees and thus get the best out of their best employees.
The above guidelines for developing a recognition program can help an organization extend the program’s validity and usefulness of having a highly engaged workforce over a really long period of time. Changes in the program are required to ensure long -term effectiveness of employee recognition programs.
The above examples can help provide a general direction for managers and supervisors to write truly motivating messages for recognizing employee performance; which will encourage the recipients to keep performing at a high level and drive business growth.
The importance of having a highly motivated workforce cannot be overlooked by organizations seeking consistent growth and success in today’s highly competitive business environment. Hence, it is not surprising that most organizations today strive to keep their employees highly motivated and engaged.
Implementing these strategies can help organizations improve the motivation levels of employees and ensure that employees consider themselves to be a valuable asset, and work towards driving business growth and profitability.
Constantly monitoring and benchmarking the effectiveness and relevance of the recognition program and the platform being used by them is essential for organizations to know when to change your employee rewards and recognition platform.
The implementation of an effective employee recognition program can drive cultural change in an organization over time. Such cultural changes can provide long-term benefits for an organization and fuel business growth.
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.
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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.