A Guide to Employee Recognition

This infographic is brought to you by RPG Card
Services, the industry leader in prepaid card solutions.
Assess your organization to
determine program goals,
performance factors that affect those
goals, and overall state of employee
engagement/job satisfaction.
Get buy-in from company leadership.
Get pre-launch feedback from
employees — it helps you
fine-tune like nothing else!
Your program will die on the vine
without careful measurement and
reporting. Without seeing results,
employees and leadership will soon
shift focus elsewhere.
Establish regular, consistent
communication of program results
throughout your organization. Key:
Communication must be energetic and
have emotional appeal.
Use measurements and ongoing
dialog with employees to continuously
improve. The worst day of your
program should be the first day.
Construct a program that focuses on
rewards for activities that contribute
to program goals — keep it simple,
measurable and scalable.
Evaluate
Sell It
Measure
Communicate
Assess and
Improve
Create
How to Implement a
Recognition Program in 6 Steps
$100 Billion
A mere 14 percent
of companies provide
managers with the tools
and information they
need to create effective
recognition programs.
The No. 1 reason
people leave their job:
feeling unappreciated.
Employees with high job
satisfaction are 12 percent
more productive.
12%#1
U.S. organizations spend
more than $100 billion on
incentive programs.
Sales reps with
high job satisfaction produce
37 percent more sales.
37%
37% 41%
67%85%
31%
Companies with a
formal recognition plan
have 31 percent less
voluntary turnover.
Peer-to-peer recognition
has 37 percent greater
positive impact on
financial results than
manager-only recognition.
Peer-to-peer recognition
produces a 41 percent
improvement on
customer satisfaction.
85 percent of companies
spending 1 percent or more
of payroll on a recognition
program report a positive
effect on engagement.
Praise beats financial
incentives for 67 percent
of employees.
14%
10 Things You Didn’t Know About
Employee Recognition
1
2
3
4
5
6
SECTION 2
SECTION 1
Recognizing employee performance is
THE best way a company can increase
productivity, reduce absenteeism, and
improve workforce engagement and
retention. The results will be dramatic.
If you’re not convinced — review Section 1.
If you’re not sure how to implement
a program — review Section 2.
A GUIDE TO
EMPLOYEE
RECOGNITION

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A Guide to Employee Recognition

  • 1. This infographic is brought to you by RPG Card Services, the industry leader in prepaid card solutions. Assess your organization to determine program goals, performance factors that affect those goals, and overall state of employee engagement/job satisfaction. Get buy-in from company leadership. Get pre-launch feedback from employees — it helps you fine-tune like nothing else! Your program will die on the vine without careful measurement and reporting. Without seeing results, employees and leadership will soon shift focus elsewhere. Establish regular, consistent communication of program results throughout your organization. Key: Communication must be energetic and have emotional appeal. Use measurements and ongoing dialog with employees to continuously improve. The worst day of your program should be the first day. Construct a program that focuses on rewards for activities that contribute to program goals — keep it simple, measurable and scalable. Evaluate Sell It Measure Communicate Assess and Improve Create How to Implement a Recognition Program in 6 Steps $100 Billion A mere 14 percent of companies provide managers with the tools and information they need to create effective recognition programs. The No. 1 reason people leave their job: feeling unappreciated. Employees with high job satisfaction are 12 percent more productive. 12%#1 U.S. organizations spend more than $100 billion on incentive programs. Sales reps with high job satisfaction produce 37 percent more sales. 37% 37% 41% 67%85% 31% Companies with a formal recognition plan have 31 percent less voluntary turnover. Peer-to-peer recognition has 37 percent greater positive impact on financial results than manager-only recognition. Peer-to-peer recognition produces a 41 percent improvement on customer satisfaction. 85 percent of companies spending 1 percent or more of payroll on a recognition program report a positive effect on engagement. Praise beats financial incentives for 67 percent of employees. 14% 10 Things You Didn’t Know About Employee Recognition 1 2 3 4 5 6 SECTION 2 SECTION 1 Recognizing employee performance is THE best way a company can increase productivity, reduce absenteeism, and improve workforce engagement and retention. The results will be dramatic. If you’re not convinced — review Section 1. If you’re not sure how to implement a program — review Section 2. A GUIDE TO EMPLOYEE RECOGNITION