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
There are many compelling reasons why an organization should digitize its employee recognition program and make it more effective
Celebrating Employee Appreciation Day provides a great opportunity for managers, business leaders, and HR in organizations to reinforce the importance of appreciating their employees.
By celebrating Women’s Day, organizations can make a strong statement about promoting diversity and gender equality at the workplace.
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.
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.
The key trends in HR in 2021 will be driven largely by the happenings in 2020.
These have accelerated the long-term changes in HR that were already underway for the last several years.
Organizations that are able to understand and leverage these changes quickly can gain a significant competitive advantage over their industry peers and demonstrate higher business growth.
Organizations have tried everything for employee rewards over the years – from trophies, company branded merchandize, durables, electronics, holiday packages, gift vouchers, and even cash.
What is the best form of employee rewards?
These creative and impactful ideas for startups to recognize their employees should help them energize and drive them to even higher levels of performance.
This, despite the challenging, unstructured and often chaotic work environments.
Organizations can need to take implement these measures to make employees feel valued. They can build a highly engaged, self-motivated, and completely dedicated workforce to drive business growth and profitability.
Organizations faced with the dilemma of whether to reward employee performance or behavior.
They need to balance between achieving business goals and creating a more positive work environment.