All You Need to Know about Team Awards
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.
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All you Need to Know about Spot Awards
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.
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.
Why ‘Cash is not the King’ when it comes to Employee Rewards
Traditionally, regarded as a ‘no-brainer’ form of reward, cash rewards are falling out of favor of employees, reducing their impact on employee motivation. It is time for organizations to move away from the tradition of cash rewards and consider other options.
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.
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!
Employee Rewards and Recognition for Culture Change
Employee rewards and recognition can play a pivotal role in initiating a change in the organization’s culture.
Organizations should include behavior or value-based recognition in their employee programs in addition to the general outcome based recognition.
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.
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.