“Appreciation, Incentivization, Reinforcement and eMotional Connect clearly emerge as the enablers for executing Authentic & Impactful recognition programs!”
We are thrilled to share our recent study report on Employee Rewards and Recognition (R&R) practices, conducted in collaboration with Vantage Circle.
The report indicated…
- Less than 40% of R&R programs promote behaviors prioritized by business leaders and managers, potentially leading to a disconnect between desired outcomes (performance, productivity) and what the program construct supports.
- Over 50% of R&R programs still rely on cash awards indicating a significant opportunity to enhance the social and emotional value of recognition.
- Sound program design can boost R&R program effectiveness by 2-3 times, while utilizing online platforms can enhance it by 1.5-2 times.
Our comprehensive report delves into each of the above key findings and a lot more into the actionable R&R strategies and designs, that you can leverage in your context. It further highlights best practices that can significantly impact your company's R&R initiatives.
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