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  1. Access the Know-How of Ex-McKinsey Consultants, Save Time & Boost your Productivity! Learn how the Fortune 100 Companies define & execute their Corporate & Business Strategy.

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  2. Oct 16, 2024 · This guide on employee recognition best practices covers essential strategies to help you succeed. From defining clear program objectives to involving leadership and integrating recognition into everyday work, these tips will make your recognition efforts impactful.

    • Excellence in innovation. What it is: Acknowledging and celebrating employees who consistently contribute innovative ideas, solutions, or improvements.
    • Mentorship spotlight. What it is: Appreciating employees who actively mentor and guide their colleagues, aiding in their professional growth. Why businesses choose it: Fosters a culture of learning, development, and peer support.
    • Flexible work. What it is: Offering employees the flexibility to choose between working from home or the office, depending on their preferences and needs.
    • Knowledge sharing. What it is: Acknowledging employees who actively share their knowledge, insights, and expertise with colleagues. Why businesses choose it: Encourages a culture of collaboration, learning, and knowledge exchange.
    • Invite Them to Share.
    • Probe positively.
    • Reflect back.

    The first step is to empower your employees to share what they are proud of and why. This doesn’t need to happen as a separate, focused meeting. During your regular one-to-ones, or even when you bump into each other in the office, you could ask them a simple question. 1. We haven’t spoken in a while, what have you been working on recently that you ...

    In her book, The Perfectionism Detox, author Petra Kolber shared that as humans, we have a tendency to minimize our accomplishments and maximize our shortcomings. As their leader, you can help people dig into their achievements and uncover together what it took for them to do what they did. If they respond with “I don’t know” try following up with ...

    After your employee has shared, it is time to reflect back on what you heard. Sometimes this can be as simple as “Thank you for all you have been doing, I had no idea you had worked through all that,” or “Thank you for sharing, that is amazing.” Other times, maybe when you have not spoken in a long time, or notice your employee struggling, it is im...

  3. Organizations with a solid employee recognition strategy can expect higher employee engagement, better employee morale, improved customer service and lower employee turnover. Companies that recognize and reward employees well can even expect 50% higher productivity and as much as a 20% increase in business outcomes.

  4. A step-by-step guide to creating an effective employee recognition program. Creating the right employee recognition program for your company takes planning and consideration. Working through these steps can help you start setting up the basics of your new or updated program.

  5. Oct 18, 2022 · Build an employee recognition program – a defined plan to motivate employees to do great work by rewarding them for efforts and dedication – to help maintain high behavior standards and a positive company culture.

  6. Oct 12, 2023 · What Are the Fundamentals of Employee Recognition? Effective employee recognition and rewards can significantly improve employee engagement, resulting in higher productivity, better job performance, and increased company loyalty (Satish, 2023).

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    Download our actionable workforce planning guide to prepare for likely talent scenarios. 4 key talent scenarios for workforce planners and action items to prepare for volatility.

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