Employee Recognition Programs: What’s the Secret? (Tip #33)

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Stopping Workplace Drama: Navigating Tough Conversations (Tip #70) - By Karl Ruegg

Employee Recognition Programs: What’s the Secret?

Employee recognition programs are popular throughout the world. They account for $46 billion in sales every year. Companies spend nearly 2% of their payroll on average on employee recognition. What is the best way to spend this portion of your payroll?

Studies have found that nearly 90% of recognition programs focus on tenure. This means for working a certain number of years, workers are rewarded. Studies also show that this has almost no impact on motivation in the workplace. So why would waste your time and money? Use unique programs to see results.

How to Recognize Employees

Results and behaviors are one of the best ways to recognize employees for their efforts. By supporting quality work, you are encouraging more of the same in the future.

Let peers recognize each other. Peer to peer recognition has a better impact than that from leaders. This makes the receiver feel as though the praise is more genuine.

Recognition should be a simple thing and it should be done on a regular basis. Continually rewarding and recognizing employees leads to happy and more efficient workers.

Make sure your program is in line with the goals of the company. By encouraging your employees to work for the betterment of the company, you are encouraging growth and success.

Why?

Employee recognition programs make employees feel valuable. They make them feel as though their time at work is worthwhile and matters to the success of the team.

Recognition increases levels of the hormone oxytocin in the human body. Studies have proven that higher levels of oxytocin lead to higher levels of performance in the workplace.

Want your employees to work efficiently? Want to ensure your recognition programs are valuable? Using a few simple tips, you can implement high quality employee recognition programs.

Why Employee Recognition Programs are Important (Tip #17)

Implementing an Employee Recognition Program (Tip #13)

How Can You Spice Up Your Employee Recognition Programs? (Tip #65)

How to Get Your Employee Recognition Program Approved (Tip #60)

Employee Recognition Programs: Why Your Team Needs Them (Tip #24)

How Employee Recognition Programs Can be Motivating (Tip #31)

Employee Recognition Programs: Why You Need Them (Tip #48)

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Why Employee Recognition Programs Work (Tip #49)

Employee Recognition Programs: Making Gifts More Meaningful (Tip #39)

Four Ways to Waste Your Employee Recognition Budget

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Stopping Workplace Drama: Navigating Tough Conversations (Tip #70) - By Karl Ruegg

About the Author: Karl Ruegg

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Karl spent his childhood in the Los Angeles metro area. Then his family moved to Zurich, Switzerland and Karl lived in Europe before returning to Del Mar, San Diego, CA. After selling their home in Rancho Santa Fe, San Diego, CA and a one year long road trip with his wife, 3 teenagers and their puppy in a Motor-Home they settled down on Padre Island, Corpus Christi, TX on the Gulf of Mexico. After another long RV Trip Karl and his wife Ursula now live on their Ranch in Texas while their 3 grown children have left the nest to find fame and fortune in Austin, TX. Karl's 35+ years of business experience in many high-, low and bio-tech industries ranges from blue collar positions as machine shop operator, electronic engineer, and software developer; and white color positions in the corporate arenas of sales, marketing, consulting, management, and executive positions. He holds various degrees in Mechanics, Electronics, Business Technology, Software Engineering, Operations and Business Administration and has held positions in many industries including Electronics, Computer Manufacturing, Software Development, Business Technology, Retail, Bio-Tech & Pharmaceutical, High-Tech, Defense, Telecommunication, and RADAR. This unique blend of experience has helped him to develop an appreciation for work, projects and business "on both sides of the fence". After a long and very successful career in the corporate arena as a C-level executive Karl opened his professional coaching and consulting practice to live an authentic life with more time for his wife and children.

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Employee Recognition Programs: What’s the Secret? (Tip #33)

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