Recognition has a substantial ROI: it improves productivity, encourages replication of good behavior, increases employee engagement, and plays a big part in retention. Use this research to:
- Understand the impact of recognition.
- Increase your recognition program’s impact through an understanding of the keys to effective recognition.
- Select and design day-to-day and informal recognition initiatives that will support a culture of recognition.
- Operationalize your recognition initiatives with guidelines, manager training, and a communication plan.
The existence of a recognition program isn’t enough - it needs to be widely used to create business benefits. To realize benefits, and maintain them, you must create a culture of recognition.