This document outlines the key elements of an effective reward and recognition framework. It discusses the differences between rewards and recognition, and notes that lack of appreciation is a common reason employees quit. Research shows that improved recognition can boost employee engagement. The document then identifies common reasons recognition programs fail and the necessities of an effective framework, such as timeliness, frequency, specificity, visibility, and personalization of rewards. It emphasizes getting the right reasons, times, people, rewards, and results for optimal recognition.

2. Reward Recognize Appreciate
Framework

3. Reward vs Recognition
Tangible In-Tangible
Item 1 Item 2 Item 3 Item 4
40
30
20
10
0
Outcome Driven Behaviour Focused
Consumable Experiential

4. Concerning Facts
Of employees quit due to 'Lack of Appreciation'
(Research conducted by O.C. Tanner Learning Group)
Of employees think 'Engagement' can be improved by giving
'More Recognition'
(Research conducted by Elwood Staffing)
Of organizations give managers tools to run an 'Effective
Recognition Framework'
(Research conducted by Aberdeen Group)

5. Need for Reward & Recognition
"Never forget, a person's
greatest emotional need is to
feel appreciated."
- H. JACKSON BROWN JR.

6. Why do organizations fail to have an Effective
R & R Framework?

7. Lack of Support from Executives, Managers and Employees
1

8. Ineffective Communication
2

9. Infrequency in Recognition
3

10. Inequity in Recognition
4

11. Necessities for an Effective R & R Framework
Timeliness
Frequency
Specificity
Visibility
Personalization

12. Necessities for an Effective R & R Framework
Timeliness
Reward and Recognition to be given as and when it is earned

13. Necessities for an Effective R & R Framework
Increasing frequency by not assigning Recognition initiatives to
distant milestones
Frequency

14. Necessities for an Effective R & R Framework
Clearly specifying what values, tasks and performance criteria
qualify for earning Recognition
Specificity

15. Necessities for an Effective R & R Framework
Recognizing individuals in a social setup magnifies the positive impact
Visibility

16. Necessities for an Effective R & R Framework
Personalizing the reward to the needs of the receipiant
Personalization

17. Modes of Reward and Recognition
Cash Rewards
Employee Awards
Vouchers
Certificates Social Recognition
Goodies

18. In a Nutshell
=
Right
Reason
Right
Time
Right
People
Right
Rewards
Right
Results

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