To launch an employee recognition program in a week is no easy feat to achieve. However, with the right kind of team, planning and execution, it can be made possible while also setting it up for success.
Such best practices can make the process of digital recognition a key part of the organizational culture. This in turn can boost employee happiness and motivation, and enhance the overall performance of the organization.
Developing an effective value-based recognition program helps in clarifying, aligning and reinforcing the organization’s vision and its expectations from its employees; keeping them motivated and focused.
In 2021, the winner of the Best Employee Recognition Program Award by HiFives was MediBuddy, India’s Largest Digital Healthcare Platform Provider.
Understanding the key trends in employee recognition in 2022 can help organizations formulate the right programs or make appropriate changes in existing ones, to maximize their impact, in the face of massive changes in the business environment.
Leveraging employee recognition for employer branding can be an effective strategy for organizations to attract and retain top talent, even in the face of the severe competition.
Organizations can build a culture of openness and transparency through employee recognition, which can in turn lead to higher productivity, innovation and business growth.
Team Awards can be a powerful tool for organizations to motivate their employees to work together effectively and to build a highly committed and engaged workforce for higher business growth.
In recent times, powered by digital employee recognition programs, spot awards have emerged as one of the most effective ways of boosting employee motivation and engagement.
There is no ‘one-size-fit-all’ solution to deciding on the most suitable types of award for an organization. It is the ‘horses-for-courses’ approach that works best – a combination of different award types to fit different situations within the organization.