Building A World Class Culture of Recognition Razor Suleman CEO, I Love Rewards

“ Set individual expectations and reward employees for outstanding work. The folks who call themselves 3Mers take pride in discoveries that lead to real-world products.” Source: Larry Wendling, VP of 3M's corporate research

“ Set individual expectations and reward employees for outstanding work. The folks who call themselves 3Mers take pride in discoveries that lead to real-world products.”

Source: Larry Wendling, VP of 3M's corporate research

Maslow’s Hierarchy of Needs SELF ACTUALIZATION SELF ESTEEM BELONGING PHYSIOLOGICAL SAFETY SALARY & REWARDS CULTURE RECOGNITION RESULTS JOB SECURITY

Performance Success Cycle TM Results Recognize Reward Redeem Receive

On-the-Spot Awards Peer-to-Peer Recognition Cards E-Cards PointsCards SMS Texts Certificates

Rhythm Recognition “ What gets recognized gets repeated” John E. Jones, Professor Organizational Behaviour

Be Specific

PIC/NIC

“ 56 percent of the people interviewed found their jobs through employee referrals.” Source: Malcolm Gladwell survey

Recruit, Retain and Inspire the Next Generation

Canadian Birth Rate 1965-2005

Disposable Income Per Capita in Canada 1965-2005

Trophy Generation

Recognition in a Recession

“ IF THE CHANGE INSIDE YOUR ORGANIZATION IS SLOWER THAN THE CHANGE OUTSIDE YOUR COMPANY THE END IS IN SIGHT.” - Jack Welch

“ IF THE CHANGE INSIDE YOUR ORGANIZATION IS SLOWER THAN THE CHANGE OUTSIDE YOUR COMPANY THE END IS IN SIGHT.”

- Jack Welch

Returns from 2001 to 2006 Good to Great - 150% return S&P 500 – 250% return Best Companies to Work For 600% Source: Gurnek Bains, Meaning Inc.

Returns from 2001 to 2006

Good to Great - 150% return

S&P 500 – 250% return

Best Companies to Work For 600%

Source: Gurnek Bains, Meaning Inc.

Incent Saving Money “ A penny saved is ten cents earned” Source: Razor’s Mom

Results based Recognition

What Not to Do

Thank You! Razor Suleman Founder and CEO, I Love Rewards [email_address] Razor Suleman CEO, I Love Rewards