3 keys to successful recognition programs

by Tim Gould

Employee recognition programs have kind of become old hat these days. So how can you pump new life into this morale-building effort?


The most common characteristics of high-ROI recognition programs — regardless of their monetary value — are their spontaneity and perceived value by employees themselves.

In reality, the cost of some of most effective spot awards and bonuses often amount to less than 1% of base pay — and the awards don’t even have to be given in cash.

Less sense of entitlement

Part of the problem with traditional end-of-year or quarterly bonuses (apart from the fact that they cost employers an average of 10% of base pay) is that employees expect to receive them for reaching certain goals.

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