Holiday & Year-End Recognition:
Spark enthusiasm and a sense of purpose!
Building organizational culture is critical to your success! The end of the year is an ideal time to spark your teams’ enthusiasm and recognize their accomplishments, while ensuring they understand how valuable their contributions are to your organization.
Here are a few considerations to maximize your success!
#HolidayRecognition #CompanyCulture #EmployeeRecognition
Building Connections For Culture
Some of today’s employees look, act, and, most notably have a different mindset than generations who have come before them as it relates to their loyalty to an organization. In response, organizations are realizing the value in making frequent connections with their employees – and how these connections can have an impact on employee engagement and overall retention.
Connecting with new hires, making connections between teammates and managers, and making connections to your brand – all work together to create employee pride in your company.
Click here to learn how you can put a 360-degree effort around connections and retention.
The Power of Tangible Rewards
The employee-employer relationship has dramatically changed. Today, employees hold more power than ever and have greater expectations than in previous years. With these elevated expectations, the need for organizations to rethink their recognition strategies is imminent. And the power to improve the employee experience and create profitable employee relationships is 100% achievable.
A new study just released from Runa, found that only 30% of employees are satisfied with the type of rewards they receive at work and how they are administered by their company. But more dramatic is the statistic that 65% of employees feel that rewards are key in their decision to remain with their employer!1
In today’s climate, companies must recognize the impact that rewards have on employee retention and business success.
Click here to learn why tangible rewards work.
1https://www.gallup.com/workplace/468233/employee-engagement-needs-rebound-2023.aspx
Back to the Basics: Recognition, Appreciation, and Employee Engagement
Recognition and appreciation should be the foundation of your employee engagement strategy and at this moment in time, it should be at the top of every CEO’s priority list.
According to Gallup’s most recent survey published in January of 2023, “employee engagement in the U.S. saw its first annual decline in a decade — dropping from 36% engaged employees in 2020 to 34% in 2021. This pattern continued into 2022, as only 32% of full- and part-time employees working for organizations are now engaged, while 18% are actively disengaged.”1 What does this tell us? It tells us it’s time for change and time to step up your recognition efforts… so your company doesn’t become a statistic.
So how do you start? What do you need to be successful? Click here to learn how to get back to basics with five easy steps.
1https://www.gallup.com/workplace/468233/employee-engagement-needs-rebound-2023.aspx
Maximize Your Recognition Strategy
Recognition is a powerful tool to show and tell employees how much they are valued. It provides a meaningful way to reinforce your core values and behaviors, to recognize great work and reward results.
While recognition and appreciation are often used interchangeably, for organizations looking to build stronger cultures, understanding the differences, while leveraging all types of recognition, is critical to success.
Click here to learn more about implementing a recognition strategy that leverages both recognition and appreciation and why creating more moments that matter is essential!
Where do we go in 2023?
Recognition priorities for the new year and beyond.
2022 had a couple of road bumps – from quiet quitting to the great resignation – those real-life scenarios emerged, highlighting the need for strategies to retain employees. This is top of mind for us and it’s no surprise that at Incentive Services, we look at life through the lens of “employee-first.” And with that lens, we see a clear path to success through long-term recognition strategies.
How can you be a leader in creating a culture of belonging? By recognizing employees, you ensure that they are seen, heard, and that they know their contributions are valued. Recognition done right will help you grow engagement, fellowship, and camaraderie for happier teams and a stronger organization.
Learn how you can make 2023 your teams’ best year ever!
The Role of Recognition for 2022: Rethinking Your Strategy.
Who’s looking forward to 2022? We are! As Martin Luther King, Jr. said, “keep moving forward.” While many organizations are focused on messages of optimism and “moving forward,” employee retention is still a major concern. The last two years have impacted virtually every company when it comes to retaining employees.
So how can you keep your invaluable team? Recognition is a powerful tool for strengthening engagement and helping people to feel motivated and appreciated so that they stay with your organization.
Check out some ways to create an effective recognition strategy for 2022 to drive the engagement your teams want and the commitment that your organization needs!
{Re}opening. {Re}connecting. {Re}turning to the Workplace.
It’s a hot topic among employees today; “when are we going back to the office?” Returning to the workplace for people who have been working remotely for the past year can be considered either exciting or scary (or inconsequential).
Incentive Services University is always looking for positive examples in the workplace, and in the past year, there were many positive ways companies improved their employees’ experiences. Better yet, these evolutions morphed into changes for the better within the workplace.
Learn more about how to how to help your employees have a smooth transition back to the office, and how to keep your engagement efforts working here!
We often hear people discuss the challenges of planning their recognition strategy for well-rounded teams of different generations. But with challenge comes opportunity to better embrace the collective positive experiences of working alongside a team of people, no matter when they were born. It’s all about understanding motivators and what makes people tick. So, when you develop your recognition strategy, it’s a good idea to consider your audience, what is important to them, and how they like to be recognized.
Learn more about the diverse perspectives, motivations and needs of every employee within your organization here!
#GenerationalDifferences #EmployeeRecognition #EmployeeMotivators #CompanyCulture
There has never been a time in history when diversity, equity and inclusion (DEI) has been more important to company culture than now. The heightened focus, plus the desire of company leaders to directly address the impact on and for their teams, creates an opportunity to bring about change; and an opportunity to develop the strongest, best performing, and most engaged employees ever. This is a change for the better.
Learn more about why DEI matters to your culture and how to optimize the impact of DEI within your organization here!
#CompanyCulture #DiversityEquityAndInclusion #InclusionAndBelonging
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