Economic challenges require organizations to find new ways to not only reward top performers, but to motivate all workers to improve performance while maintaining or increasing business value. Compensation and benefits have traditionally dominated the total rewards arena, however, because recognition meets intrinsic psychological needs, it reinforces critical behaviors that support the business strategy and contribute to the organization's success. Recognition programs create a positive cycle of ever-increasing employee engagement and motivation, with resulting improvements in job performance from a limited investment, making it the most cost-effective rewards method. This webcast will review supporting research and case study examples from leading organizations that fully utilize recognition as a strategic advantage.
Don't miss these webcast take aways:
Create a culture of recognition to improve performance and attract and retain top performers
How recognition increases productivity, profit and customer satisfaction
How to measure recognition program effectiveness
Why Scotiabank, Delta Airlines and MGM Grand have restructured their recognition programs to align with employee engagement and business strategy