Rewards & Recognition

Rewards & Recognition

Peer Relationships Are Critical to Real Workplace Recognition

PHoto by istockphoto.com

Work-life balance is a myth.

I could say that in today’s hyper-connected world, work comes home with us far more easily than it did 20 or even 10 years ago. And that would be true.

But it’s no less true that our “life” also comes to work with us. Worries about our sick children, concern over a fight with a spouse the night before, fear over making ends meet on a tight budget – all can color how we approach our work and how we treat our colleagues. Read more…

Rewards & Recognition, Talent Management

A Recognition Basic: Sometimes, It’s Just About Noticing Colleagues Efforts

Photo by istockphoto.com

Above and beyond – that’s a common theme for what types of employee contributions should be recognized.

And it’s a good theme. This is so important to some of our clients that they’ve even branded their recognition programs “Above and Beyond.”

But what about “completely different?” Or “entirely outside of the job description?” Sometimes we recognize and reward these individuals, but all too often we punish them instead, forcing them back into the box and encouraging them to “just get the job done.” Read more…

Rewards & Recognition, Talent Management

Are You Ready For “The Year of the Retention Challenge?”

Illustration by Dreamstime

I love my job. Every day, I get to help people find ways to make their work environments and culture more appreciative, grateful and purpose-driven.

That’s powerful stuff. Arriving at such an important end goal, however, requires involving all employees in the effort. After all, every employee contributes to the culture of the company (whether good or bad).

The ramifications of this are quite broad. Many are calling 2015 the year of the retention challenge, with good reason. Read more…

Rewards & Recognition

If You Can’t Be Sincere, You Shouldn’t Recognize Someone at All

YouNeverknow

When we consult on social recognition, a common (and important) question is, “Yes, I understand and agree with the value and importance of recognition, but how do I recognize well? How do I coach others to do the same?

There are many principles of good, effective employee recognition that we’ve written about elsewhere – timelyfrequentaligned with core values and objectives, calibrated to level of effort and contribution, involves everyone – but the most important is that the recognition is sincere. Read more…

Global HR, Rewards & Recognition

Work Friendships: They Improve Productivity and Job Satisfaction

123RF Stock Photo

Following on my post yesterday (What Do Workers Everywhere Want Most? To Be Valued and Appreciated) about global employee research showing that “appreciation for my work” is the most important job aspect for employees, I wanted to share the findings of the Globoforce 2014 UK and Ireland Workforce Mood Tracker survey.

The findings are consistent with what we see in the U.S., with employees highly valuing relationships at work but feeling unsupported by the organization in building those relationships more deeply.

This year’s survey shows that organizations would benefit greatly from celebrating their employees’ dedication to the company, as well as the strong bonds people form while at work. Read more…

Global HR, Rewards & Recognition

What Do Workers Everywhere Want Most? To Be Valued and Appreciated

123RF Stock Photo

They are different in [insert country other than your own.] They want different things than we do.”

How true do you believe that statement to be? Do you wonder if anyone’s recently tried to quantify those perceived differences or, better yet, find the commonalities?

This Fall, the Boston Consulting Group (BCG) and The Network did just that in their Decoding Global Talent report, which aggregated 200,000 survey responses on global mobility and employment preferences from employees in 189 countries. The survey primarily looked at what would make employees willing to work abroad, regardless of home country.

But one particular finding struck me as most enlightening – regardless of desire to relocate, all respondents “are putting more emphasis on intrinsic rewards and less on compensation.” Read more…

Culture, Rewards & Recognition

Even in Tough Times, Employees Deserve a Show of Appreciation

123RF Stock Photo

Last Summer, I followed the Market Basket grocery store saga religiously. I was captivated by the story of non-unionized employees willing to risk their livelihood to keep their CEO. (Here are posts about the walkout and the outcome.)

After a six-week employee walkout and customer boycott, it’s fairly safe assumption the company took a pretty big financial hit. Employees were rightly concerned that years-long traditions around holiday bonuses might not materialize.

Then news broke last week that all associates would indeed receive their deserved bonuses. Read more…

HR Insights, Rewards & Recognition

Hiring Wisdom: Workplace Recognition = Better Employee Retention

From istockphoto.com

As I’ve written here before, all of us are trained from childhood to be recognition-addicts (and we still are because we’re really those same little kids just in grown up bodies now).

That’s why recognition is such a powerful employee retention technique.

Using all of these types of recognition, both formally (in meetings) and informally (passing in the hall) will keep your best people motivated and on-board: Read more…

Rewards & Recognition

What Have You Done to Show Your Employees How Much You Care?

123RF Stock Photo

You’re running late to work.

Maybe you’re going a tad bit too fast. You look up and — oh, no! — you see the flashing lights in your rear-view mirror.

What goes through your mind at this moment? Does your stomach jump into your throat? Do you think, “Not now. I don’t have the time! I’m already late.” Or perhaps, “Not this time of year. The budget’s already tight for Christmas presents. I can’t pay a speeding ticket, too!Read more…

Compensation, Rewards & Recognition

Believe It or Not, Promotions Are Also Viewed as Workplace Rewards

123RF Stock Photo

Promotions are a form of reward, even though they don’t always jingle like direct cash.

A jump in title status alone is sometimes enough to be strong motivation for greater employee engagement. Psychic income, whether intrinsic or extrinsic in origin, should count as compensation, anyway, since it is part of the employee value proposition.

Movement into a higher pay classification generally means more aggressive raises, too. And when a promotional increase accompanies hierarchical advancement, the positive consequences are even greater. There are also situations when promotions are used as rewards in place of any formal pay for performance program. Read more…