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Today’s workplace is experiencing a shift from employee recognition as being “nice to have” to “need to have.”
A survey by World at Work reported that 88% of organizations have a staff recognition program in place — this can range anywhere from Employee of the Month to bonuses or gift cards. But these traditional methods are starting to grow a reputation for being inauthentic and, frankly, boring.
In fact, according to our 2017 Employee Engagement Report, only one in four workers feels valued at work — representing a 16-percentage-point drop from the previous year. Suffice it to say that you can’t simply have a recognition program in place and assume that all of your employees will automatically feel as though their contributions are appreciated. You have to have a recognition program that actually works.
So what does a successful employee recognition program look like? Each company is different, so what works for one organization might not work for another. But, generally speaking, recognition programs should be comprehensive and feedback should be given on a regular basis.
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