With 2015 on our doorstep; it is the perfect time to decide whether or not your organisation needs a reward and recognition programme for your employees and, if so, which programme. Programmes range from recognition, incentive, retention, performance, and sales orientated campaigns and have become an integral part of an organisations’ internal marketing and HR departmental assets.
For social recognition to be useful, your employees need to believe that it is effective. Encourage your managers to recognise employees whenever they can, and to thank employees when they notice them encouraging one another.
The foremost challenges for management today is how to retain key talent, employee turnover is costly and directly impacts on business performance.
Employee reward and recognition programmes have become the cornerstone to employee retention, productivity, performance, motivation and output.
Travel incentives are described as business travel that is designed to motivate or trigger a desired action, and are used as a reward once these actions from employees or business partners are achieved. This achievement fosters loyalty and encourages the best talent.
Your ultimate goal in setting a realistic, achievable recognition programme is clarifying what behaviours and outcomes your organisation values, and then to provide enough motivation to maintain and improve employee performance.
SMS solutions provide your business with the advantage of constant communication to always inform your employees of any important company updates and events instantaneously and with a higher ‘read rate’ than email communications.
A peer-to-peer nomination programme allows your team to provide immediate responses for great work, new ideas implemented, embracing company values, customer service excellence or performance areas that need a boost.
An effective recognition programme consists of good leaders who are able to empower employees to create positive change and recognises the need to invest in future good leaders.
A well constructed employee reward programme offers enough enticing reward choices to encourage each individual to set their own preferences and is designed to understand the value placed on reward incentives.
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