HR pros know the standard rationale for employee recognition programs – increased engagement, productivity, retention and incremental revenue.
But as this has become the recognition mantra over the past decade, isn’t it time we call on recognition programs to do more?
Executives know (and buy into) all the aforementioned benefits, but given today’s economic realities where there is still a call to do more with less, funding for non-cash compensation is attracting higher levels of scrutiny.
HR needs to turbo charge the recognition business case and demonstrate that programs set the stage for continued optimization of the organization’s number one resource (and in many cases expense) – its people. Read more…