It
still amazes us that many companies invest millions on employee recognition
programs, yet a huge percentage fail to measure the effectiveness of these
programs.
With
the added emphasis lately on importance of employee recognition in an overall
employee engagement effort, analysis and measurement should be a given…but it
isn’t.
When
you effectively measure the outcomes of your recognition programs you stand to
benefit tremendously, as recognition efforts are increasingly being viewed as a
powerful strategy to boost employee morale and productivity levels. Higher engaged employees have higher
productivity and lower turnover.
If
you are not measuring your recognition efforts, here are five basic to start
with:
1. Determine the Metrics of Recognition Success - The success of any program requires a clear understanding of what defines success prior to program launch.
2. Establish a Performance Baseline for Recognition - Once the metrics for success have been established, the next critical step is to determine a baseline of current performance.
1. Determine the Metrics of Recognition Success - The success of any program requires a clear understanding of what defines success prior to program launch.
2. Establish a Performance Baseline for Recognition - Once the metrics for success have been established, the next critical step is to determine a baseline of current performance.
3.
Measure Regularly and Consistently - After the baseline has been established,
the program should be measured regularly and consistently to ensure the effort
stays on target.
4.
Analyze Results and Look for Trends - When recognition outcomes are available
through the program itself and from employee surveys, the results need to be
compared and analyzed to uncover important trends.
5. Report Results Back to Employees, Managers and Executives in a Meaningful Way - Significant results should be reported back to key audiences, including employees, managers and executives with outcomes that are most meaningful to each audience.
For
more information on Ultimate Choice Inc.’s products or services or other white
papers please contact us at Ultimatechoiceinfo@cox.net
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