RECOGNITION PROGRAMMES
Companies do benefit from good employee recognition
What's the payoff? That's the question being asked by forward-thinking employers who are tailoring recognition programmes to reinforce company values and business objectives. A recent edition of the US human resources magazine Workforce Management brings together five fascinating pieces on employee recognition.
1. State of the sector recognition & rewards: What's the payoff?
An overview examining recent research on the benefits of good employee recognition and how to get it right.
2. A scientific method of rewards
The problem with typical reward and recognition programmes, according to one expert Workforce Management contacted, is that they tend to "violate everything that we know about positive reinforcement".
3. Cash incentives are down, but not out
Organisations need to make clear that cash bonuses are based on performance and are not entitlements.
4. Graniterock reinforces innovation
Each of the 18 locations at paving construction company Graniterock plans its own "Recognition Day". The details vary, but the format remains the same: "Employees boast to senior management and peers about what they have accomplished, and then everyone dines together on site".
5. Recognition do's and don'ts
Eight tips on creating effective reward programmes.
Want to know more?
Title: "State of the sector recognition & rewards: What's the payoff?", by Todd Henneman, Workforce Management, October 2005.
Availability: Workforce Management magazine is published monthly. For subscription services, tel: 001 313 446 0450 (USA: 888 448 1422). For editorial enquiries contact the online editor John Hollon, email: jhollon@workforce.com
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Take a look at the article online -- see what you think www.workforce.com/section/02/feature/24/19/11/index.html
Posted 11 November 2005