How to Build an Effective Business Case for Employee Recognition
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.
employee rewards and recognition program
Top 10 Reasons for Customizing an Employee Recognition Program
There are a number of key reasons for customizing an employee recognition program to meet the needs of the organization and its workforce.
Back to the Basics: How Recognition Motivates Employees?
Understanding how recognition motivates employees can help organizations develop effective employee rewards and recognition programs
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.
Key Trends in HR for 2021 and Beyond
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.
Why do Employee Rewards and Recognition Programs fail?
These are just a few of the top reasons why employee rewards and recognition programs fail.
Leaders and HR must avoid these pitfalls to keep the programs alive and kicking, to keep employees motivate and productive at the workplace.
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.
Top 5 Things for Organizations to make Employees feel valued
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.
Examples of Employee Rewards Programs in Different Industries
The various examples of employee rewards programs provide a generalized framework for organizations to design programs suited to their industry type and maximize the outcomes of such programs.
Obviously, individual organizations need to tweak these guidelines to match their business objectives and employee expectations.