Raise your hand if you’ve ever received a ham, turkey or slightly inappropriate food-based reward from your company. How about an engraved pen? A generic gift card given to all employees? For some reason, some organizations still believe that giving away a celebratory ham, office supplies and impersonal rewards once a year are effective. They’re not. Worse yet, many still give away the #1 bad corporate gift: nothing. Nada. Zip.
Well, it’s now a full-blown epidemic. A recent Harvard Business Review article shared that 82% of employed Americans don’t feel adequately recognized for their contributions. Four in 10 say they’d put more energy into their work if they were recognized more often.
If you find yourself nodding in agreement but are unsure of where to start, well, there’s hope. In our newest whitepaper, Revamp Your Recognition and Rewards Program, we tackle this head on, explaining:
- The importance of effective recognition and rewards, both to your employees AND your business
- How and why employee recognition programs have changed over time, and the impact of factors like technology, generational shifts, mobility and collaboration
- How to establish a rewards and recognition program that really works and creates a culture that breeds success
It’s 2016. Don’t give your employees any more hams.