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.
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.
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.
Ensuring proper and timely employee recognition in a hybrid workplace is essential for an organization to enhance the motivation and effectiveness of the workforce.
Creating a culture of collaboration through employee recognition is an effective way for organizations to enhance team bonding and effectiveness of teams working among their workforce.
Building effective business case for employee recognition is a critical step for HR teams to secure the approval from their management to implement employee recognition programs.
There are a number of key reasons for customizing an employee recognition program to meet the needs of the organization and its workforce.
Understanding how recognition motivates employees can help organizations develop effective employee rewards and recognition programs
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.