When how to start a reward recognition program

bamboohr.com cornerstoneondemand.comReward and recognition is a “ Seventy-eight percent of employees would work harder if they were better recognized... Reward and recognition “Nearly

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HR can be more strategic by focusing on

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bamboohr.com cornerstoneondemand.com

Reward and recognition is a

“ Seventy-eight percent of employees would work

harder if they were better recognized ”

—Globoforce

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Reward and recognition

“Nearly half of employees said they

would leave their employer for a company that

recognized employees for their contributions ”

—Globoforce

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When using reward and recognition, your business will see measurable results

“ Organizations that give regular thanks to their employees far outperform those that don’t ”

—Josh Bersin

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It’s clear reward and recognition helps in so many areas Yet we aren’t doing it

“ Only 12 percent of employees say they often receive

appreciation for great performance ”

—Towers Watson

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Instead of focusing on who to reward and recognize, learn how to identify

what to reward and recognize.

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Reward based on behaviors

departments.

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• Telecommuting has increased 80 percent recently and continues to grow.

• Make sure you’re extending your workplace culture to everyone, not just those physically in the office.

• Link the way remote employees’ achievements align with the broader, overarching company goals.

Don’t forget about your

remote workforce

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When to Recognize v

When to Reward

“ To win in the marketplace, you must first win in the workplace ”

—Doug Conant, Campbell Soup

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Don’t wait and do it often

“ Most employees want some type of recognition every 7 days! ”

—Towers Watson

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Know Your People.

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Don’t lump recognition

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Make reward and recognition a

habit Make it part of your culture

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How to get started…

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Successful leaders use praise effectively.

“ We all need people who will give us feedback

That’s how we improve ”

—Bill Gates

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Recognition means nothing if employees do not

feel like it is honest and deserved

Show employees it is

Most Importantly:

• Be Genuine

• Be Transparent

• Be Fair

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It’s up to leadership to make

feedback a cultural value

in the organization.

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BOTH being nominated and doing the

nominating bring feelings of

EMPOWERMENT

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Peer-to-peer recognition = a

true illustration of the social environment

“ Research clearly shows that top-down recognition is not what makes

companies thrive today—it’s recognition by your peers, the people you

work with every day ”

—Josh Bersin

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Don’t wait until you have a full-fledged recognition & reward program running.

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Reward on a small or mid-sized budget :

• Align spiffs and bonuses with performance.

• Provide additional training or career development.

• Company lunches, gifts cards, food.

• Tickets: movies, concerts, plays, games.

• Chairs, headsets, extra monitor, laptop, new phone.

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scattered workforce:

• Give team-building experiences.

• Provide faster equipment or efficient tools.

• Send swag—with the company values.

• Provide a company social forum for communication.

• Allow employees to reward each other.

• Share, involve, communicate.

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“ We are what we repeatedly do

Excellence, therefore, is not an act, but a habit ”

—Aristotle

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Follow BambooHR and Cornerstone on social media :

bamboohr.com/blog | cornerstoneondemand.com/blog

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