aren’t quite as popular as they once were. Slower economies tend to reduce employers’ incentives to say “thank you,” either with pay, perks or actions.
Still, a 3% dip in the percentage of companies using recognition programs since 2008 doesn’t suggest a permanent decline, according to a 2011 survey by trade group WorldatWork.
“The data suggest that, even with a recession, recognition programs remain an important component of,” says Alison Avalos, WorldatWork research manager.
One notable change since 2008: As with performance pay, more organizations are using incentives and recognition to motivate specific behaviors or achieving specific goals.
Here are eight tips to create a recognition program that drives performance:
1. Avoid ad hoc recognition. The most successful recognition programs have a written strategy. Typically, their plans set goals that advance the organization’s ...(register to read more)