Rewards & Recognition

Rewards & Recognition, Talent Management

The Big Benefits You Can Get From Remaking Performance Reviews

123RF Stock Photo

It must be nearing annual performance review season, because my reader is filling up with news articles and blog posts on the topic – all of them reiterating just how broken the traditional process is.

Why is the traditional annual performance appraisal broken?

There’s several reasons, including too much emphasis on feedback from just one person (the manager) and far too infrequent giving of needed feedback (both praise and constructive refocusing). Read more…

HR Management, Rewards & Recognition

If You’re Not Into Mobile and Social Recognition, You May Missing Out

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Last week I had the honor and pleasure of presenting at the HR Directors Business Summit in Birmingham, England.

I’ve been involved with this summit in past years and was pleased to see the 2014 event was very well attended – a sign of recession clouds lifting in Europe, I believe.

My role at the Summit was to introduce new HR Social technologies that energize talent and create a high performance workforce. Of most interest were the enabling technologies of mobile and social recognition. Read more…

Rewards & Recognition

Employee Appreciation: The Priceless Impact on Workplace Reputation

From istockphoto.com

As children, many of us are taught that “please” and “thank you” are invaluable words. But as employers, we often forget that remembering to say “thank you” to employees can have an almost priceless impact on the workplace.

For instance, if you struggle to retain top talent, hear this: More than half (53 percent) of employees admit they’d stay longer at their jobs if their bosses showed more appreciation, according to Glassdoor’s recent Employee Appreciation Survey.

And before your employees think about leaving, consider the number of occasions that your company’s workplace reputation could be taking a hit by simply not showing enough appreciation along the way. Read more…

Culture, Rewards & Recognition

Provide Tools For Success and You Can Have a Super Bowl-Winning Culture

superbowl

If you don’t want to be the best, then there’s no reason going out and trying to accomplish anything.” – Four-time Super Bowl winning quarterback  Joe Montana

On Super Bowl Sunday, while over 100 million viewers party in front of the flat screen, players and coaches from the Denver Broncos and Seattle Seahawks will have their sights set on the ultimate goal in sports — a world championship.

Considering that even a Hall of Fame professional football career only lasts about 15 years, NFL players have that added urgency to achieve legendary status. Read more…

Rewards & Recognition

Do Your Top Performers Know How Good They Really Are?

© HitToon.com - Fotolia.com

Those in HR likely know the research that poor performers don’t actually know they are poor performers.

They think they are better than they are. (I’ve written before about the effect these employees have on your high performers.)

But what about your high performers? They know they’re the stars, right?

Not necessarily. The “worse-than-average effect” kicks in for the truly competent. Read more…

Compensation, Rewards & Recognition

Cash Is King? Not When It Comes to Employee Engagement

© Scott Hancock - Fotolia.com

The misconception of cash as the ultimate motivational tool can create a problem with reward and recognition programs whose purpose is to increase employee engagement.

While most enjoy a little variable pay now and again, cash is not the end-all be-all motivator that it’s cracked up to be — at the end of the day cash is compensation, not motivation, and employees know in their gut that the two things are mutually exclusive.

But if an employee believes their compensation is inadequate, can it affect their engagement? Read more…

Rewards & Recognition, Talent Management

More Proof That Positive Feedback is the Best Employee Motivator

© Tan Kian Khoon - Fotolia.com

A common question I hear in workshops and meetings is, “Doesn’t too much recognition make it become routine and expected?”

I’ve written before about theimportance of frequent, timely recognition and several research studies prove it, too (such as this study from Stanford University and Harvard Business School research reported in The Progress Principle.)

Now, research into how dopamine acts in our brains proves the point more strongly. Read more…

Rewards & Recognition

7 Employee Appreciation Resolutions to Consider For 2014

123RF Stock Photo

While you’re thinking about your personal resolutions, why not consider how you could transform your company with more appreciative actions in the New Year?

Thinking beyond a team gym date, you could start to make a difference in the happiness and productivity of your employees with these seven (7) resolutions of appreciation.

1. Say “thank you” for last year

The end of the year is a great time to review the efforts of your employees and write a card noting their dedicated work. Everyone should be recognized for the contributions they made all year. Read more…

Benefits, Rewards & Recognition

Do Bonuses Really Help Engage Employees?

startingsalaries

Bonuses come in a variety of shapes, sizes, colors, flavors, and amounts.

Some companies offer regular performance bonuses, including the elusive on-the-spot bonus when the big boss walks by; other companies have a structured, period-based bonus program: did we hit our targets for Q1? Excellent  — everyone benefits; still other companies dole out bonuses once the holidays arrive (perhaps to meet perceived pressures of expectation).

That’s great and all, but not all of these bonuses engage — and those that do create quickly fleeting levels of engagement. What gives? Read more…

Rewards & Recognition, Talent Management

Yes, This Is The Week We Need to Recognize Cold Weather Workers

More deep cold

Remember when your Nana told you “Don’t go outside without a jacket on, you’ll catch your death?”

Well, I’m here to tell you Nana was right.

Winter Storm Hercules was followed by the coldest arctic outbreak in the Midwest/Eastern areas since the 1990s thanks to an unusually potent Polar Vortex this year. It is currently a balmy 4 degrees Fahrenheit outside of our office in New York, with wind chills that put us in the -13 F range. It doesn’t let up all the way to the Great Lakes, where Michigan is reporting other-worldly temperatures of -30 F. Read more…