Tuesday, March 24, 2020

A Refresher on Employee Recognition




It’s always good to refresh yourself on some of the fine points that could give your employee recognition program a spark.  Most of you have seen these tips before, but as with anything worth doing, it’s nice to think about what is currently working and what you can do to make it better. 

Actually at times, it could be more effective to just forget about the formal program and just follow these tips.  When you do it's easy to give the recognition your employees deserve:

See every employee as an individual
Every employee responds differently to recognition. Many appreciate public praise. Others shrink from the limelight. Don't pass out praise on your terms; recognize each employee in the way that produces the greatest impact for that person.

Assume too soon is never soon enough
There's an inverse relationship between recognition and performance: The longer you wait, the lower the impact. Praise employees immediately. Don't wait for "the right time," because the only right time is right now.

Provide details that show you know
Generic praise is nice, but specific praise is wonderful. Don't just tell employees they did a good job. Tell them how they did a good job. Not only will they appreciate the recognition, they'll also know you pay attention to what they do.

Be genuine
We've all received recognition that felt forced, like the boss who walks around once a month and says, "Thanks for your efforts." Only recognize hard work and achievement when you mean it.

Skip constructive criticism, at least for now
Say, "You did a great job, but next time..." and all the employee remembers is what they did wrong or could have done better. Follow up at another time with constructive feedback. Let the warm glow of praise be the feeling the employee carries with them.

Actively find employees to praise
We're all trained to spot issues, hunt down problems, and eliminate errors. We're usually not trained to find people doing things well. Spend part of every day looking for positives. (You might be surprised by how skilled your employees really are.)

Leverage the surprise factor
Unexpected recognition is incredibly powerful. Winning the employee of the month award is great, but being recognized in the middle of a meeting for outstanding achievement can feel even better.

Spot opportunities to share the "praise wealth"
It's easy to recognize your great employees. They're great because they perform well. Look for ways to praise less stellar performers when they deserve the recognition. Sometimes all an average performer needs is a little attention and encouragement.
And keep in mind providing praise will get easier over time, because when you do a better job of recognizing employees they naturally perform better - and that gives you even more achievements to recognize.

Thursday, March 12, 2020

The Importance of Incentives and Recognition on Workplace Performance in a Tight Labor Market



Research from TLNT shows some interesting facts about the role of incentives, rewards and recognition in companies today.  Following are some key points from that research: 
• While 93% of organizations are aligning their rewards programs with organizational goals, only a third of them say performance or productivity motivation is a primary goal.

• 71% of organizations say the objective of their programs is to increase employee engagement.

 • 45% of companies see IRR programs as strategic, training managers on how to use them, encouraging and monitoring their usage.

• Non-cash incentives are taking on an ever greater importance. In 1996 24% of organizations reported using non-cash incentives. In 2016, 84% were.

 • The effectiveness of cash-based annual incentive plans is questionable. 42% of companies see them as effective; 36% are undecided.

• 37% of HR professions say that non cash incentives in the form of recognition awards, gift cards, etc. have a greater impact on engagement, while less than a third say that about cash.