Rewards and recognition is something that seems simple in theory, but in practice, it requires commitment, consistency and transparency from the leaders to be impactful. In this session, we will discuss how to create an effective rewards and recognition program built on the solid foundation of your organization’s core values. We will discuss the relationship between rewards and recognition—noting that while they are not the same, they are also not mutually exclusive. Finally, we will delve into the complex nature of a thorough recognition program, explaining the three tiers of recognition and why each one is essential to efficacy. With each of these components, we will provide real-life, actionable suggestions for improving rewards and recognition in your organization.
You will learn:
- How to leverage your core values in building an impactful rewards and recognition program
- How to implement recognition at the individual, team, and company levels
- How to differentiate between rewards and recognition