Leaders everywhere are realizing just how dramatic a change an effective employee rewards or recognition system can make, but what’s missing is the action. So many companies we talk to see the obvious need to show their employees that they are valued, but they don’t know where to go from there. What’s missing is the action
Reality Check Let’s put that into perspective; this stat means that 88% of current recognition efforts are irrelevant and therefore ineffective. That’s a very eye-opening number. We see here that there is a clear disconnect between what organization leaders believe employees want, and what employees actually want. of employees agree that they are consistently Recognized in ways that are important to them.12%
So that’s just about everyone right? It’s vital to realize that what motivates one employee, could be totally irrelevant to another. Your workforce is diverse, as are their motivators, as should your recognition efforts be. Figuring It Out... 99.4% of today’s workforce expect to be recognized when they do good work.