To build your custom Recognition Program, it's important to first evaluate your current Recognition Events.
Before you can build a strategic and effective Recognition Program, you must decide what your goals are, identify what has been working, determine what behaviors you want to incentive, and then decide how to reward each Recognition Event.
Once you've decided what your goals are with this Action Plan, start by evaluating the programs you have in place now. What is working well? What isn’t? This is a great starting point to "trim the fat" and get to the basics.
What's Working?
Before you begin to implement your new Recognition Program, it's important to take stock of what has been effective within your organization. Have you seen a positive response for milestones like workiversaries? Maybe you have created Recognition Events that are unique to your culture that your employees love? These are important to continue!
What's Not Working?
Now that you know which Recognition Programs are important to your organization, it's time to be honest about the ones that are not working.
Hint: The rewards that do not contribute to higher employee engagement are most often the generic ones. One size does not fit all and spending money on impersonal rewards will not make your employees feel appreciated. Click HERE for examples of recognition events that incentivize the right behaviors.
Organizations have a desire to make their employees feel appreciated, but too much money is spent on programs that are ineffective. In fact, corporate gifting has reached a shocking $242 billion per year and will only continue to grow, yet organizations are losing $450-500 billion annually due to disengaged workers.
Do you currently have a Recognition Program that doesn't seem to yield the results intended? That's okay! Your Recognition Program shouldn't be set in stone. It can shift over time based on what's most important to your employees and current goals.
Having the right Recognition Events in place and eliminating the areas that your employees do not value will increase employee engagement and save your organization money.
Interested in uncovering what areas are most important to your employees? Identify which areas will bring you the greatest ROI with Sparck's #BeHeard Employee Engagement Survey. Click HERE to learn more.
Next Steps
Most Common
Core Values
Strategic Program