Posts Tagged 'incentives'

Employee Recognition Is Up in Down Economy

A recent CareerBuilderSurvey found that while companies are cutting down on perks, benefits, travel and incentives, employee recognition is actually up!

It seems that the benefits of sound recognition programs are understood in most organizations. They know that the returns of good recognition far outweigh the costs.

Want to reap some of those returns? Forget about expensive appreciation events and awards for now. Focus on recognition between individuals.

Manager-driven programs produce the best results so teach managers how to build meaningful recognition into their overburdened schedules without causing additional hardship.

Second to manager-driven recognition is peer-driven recognition. Set up simple peer awards with little or no monetary component so that they don’t require a lot of oversight.

Create programs that drive your most important business initiatives. This helps morale and produces the results you really need right now.

Have some ideas you would like to share? I want to hear them!

Advertisements

My name is Cindy Ventrice. I am the author of the best-selling book Make Their Day! Employee Recognition That Works and the companion guide Recognition Strategies That Work.

My work has been quoted in The New York Times, Alaska Airlines Magazine, Workforce Magazine, and Tim Sanders' book The Likeability Factor.


Visit my website www.maketheirday.com today!


Subscribe to feed

Subscribe to receive as Email

a