What are the Key Reasons to Digitize an Employee Recognition Program?
There are many compelling reasons why an organization should digitize its employee recognition program and make it more effective
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Key Employee Rewards and Recognition Trends in 2021 and Beyond
Understanding the key employee rewards and recognition trends in 2021 and beyond can help organizations put in place the right policies, processes, and systems to develop a highly motivated and committed workforce going forward.
Winner of the 2020 Best Employee Recognition Program Award
In 2020, the winner of the Best Employee Recognition Program Award by HiFives was Prodapt Solutions (www.prodapt.com), a multi-national telecom/ DSP software company. Prodapt runs a global employee rewards and recognition program for over 2,300 of its employees across 13 countries in 5 continents.
Should you Reward Underperformers for One-Off Achievements?
Hence it is our recommendation that awards especially those in the category of spot awards should be given based on the immediate achievements and not the past track record of the employees.
Awards should be treated as awards – it absolutely okay to reward underperformers for their achievements if they meet the criteria!
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.
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, a trophy, a shopping voucher or a trip to the Bahamas!
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.
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 Systems
Social recognition is all about publicizing the efforts and achievements of employees in a manner that inspires the other members of the workforce to perform better and become eligible for similar recognition.
Complete Guide to ‘Employee of the Month’ Recognition Progam
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.