SlideShare uma empresa Scribd logo
1 de 30
Reward vs Recognition: Do you know when to use which motivator? 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Ben Peterson, co-founder and CEO of BambooHR 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Most of the time, 
reward and recognition go 
hand-in-hand. What are 
the differences? 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Why focus on 
employee recognition? 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
“Employee recognition is 
the number one factor when 
motivating employees in the 
workplace.” 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
69% of employees would 
work harder if they were 
better recognized. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
of employees find it annoying 
when they are not recognized 
for the accomplishments they 
contribute to the team 
and company. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
“Organizations that give regular thanks 
to their employees far outperform those 
that don’t.” 
—Josh Bersin 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Did you know employees 
want some form of 
recognition every 7 days? 
Yet only 12 percent of 
employees say they often 
receive appreciation for 
great work. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Actions that align with company’s 
goals and strategy. 
“Too many CEOs and managers focus on 
bottom line results without thinking about how 
it feels to slog away and work without anyone 
saying thanks.” —Josh Bersin 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Big and small wins. 
“Regular minor boosts from ordinary activities 
can have a cumulative and lasting effect.” 
—Harvard Business Review 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Being a team player. 
“[Teamwork] is the fuel that allows common 
people to attain uncommon results.” 
—Andrew Carnegie, American Industrialist & Philanthropist 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
So . . . how can you 
best use recognition? 
• Be simple 
• Be sincere 
• Be consistent 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
“You have to use recognition again and again to 
build people up. It is one of the many tools and 
practices available to each manager to boost 
people up and elevate work performance.” 
—Barbara Ann Corcoran, Shark Tank 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
11 Ideas to recognize employees 
without spending a penny! 
Send a personal note 
Say a sincere “thank you” 
Recognize in a meeting or applaud 
Send a shout-out on a social site 
Mention their success in a speech or presentation 
Give a long lunch or get-out-of-work free day 
Have a higher manager say thanks 
Swap a task with them 
Give a team lead role or title promotion 
Offer flex hours or work-from-home options 
Create a “Wall of Fame” or white board 
1. 
2. 
3. 
4. 
5. 
6. 
7. 
8. 
9. 
10. 
11. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Why focus on 
employee rewards? 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
The workforce is changing. 
By 2020, half our workforce 
will be millennials. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Employees want to be rewarded 
for their hard work. 
• 44 percent of employees said tangible (type financial rewards) 
highly or very highly increased their engagement. 
• 63 percent of employees said intangible rewards highly or very 
highly increased their engagement. 
— The Hay Group 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Not all are about bonuses, 
raises, or even cash. 46% of 
incentives offered by US 
companies are non-cash 
incentives. Don’t be afraid 
to get creative! 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
“It’s impossible to win the hearts and minds of 
people unless you clearly establish goals and 
values and reward people if they act in a way 
that leads to the fulfillment of those objectives.” 
—F. Robert Salerno, CEO of Avis 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
So . . . how can you 
best reward employees? 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Objectively (and transparently) 
identify who deserves reward 
and for what 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Figure out how much value the 
work contributed 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Decide—as an organization—if you want to 
reward only the big wins and successes or the 
milestone steps and wins along the way. But 
consistency is important. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
10 reasonably priced ideas for 
rewarding employees: 
Stock options 
Gift cards 
Time off 
Late in/early out 
Growth opportunities 
Fun 
Tickets 
A massage 
A personalized gift 
Free food 
1. 
2. 
3. 
4. 
5. 
6. 
7. 
8. 
9. 
10. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Selecting what’s best 
for your company 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Who should be rewarded 
and recognized? 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Start today! Think 
about why, when and 
how to best motivate 
your people. 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Thank you! 
Follow BambooHR on social media: 
bamboohr.com/blog 
bamboohr.com 1-866-387-9595
Reward vs Recognition: Do you know when to use which motivator? 
Questions? 
BambooHR 
Receive a free job posting on our ATS and full HRIS for one week. 
We will contact everyone within the next few days to set this up. 
bamboohr.com 1-866-387-9595

Mais conteúdo relacionado

Mais procurados

Global Corporate platform for People Reward & Recognition
Global Corporate platform for People Reward & RecognitionGlobal Corporate platform for People Reward & Recognition
Global Corporate platform for People Reward & Recognition
lemon-sales.com
 
People Are the Pulse of Your Organization: How to Keep a Healthy Heart Rate
People Are the Pulse of Your Organization: How to Keep a Healthy Heart RatePeople Are the Pulse of Your Organization: How to Keep a Healthy Heart Rate
People Are the Pulse of Your Organization: How to Keep a Healthy Heart Rate
BambooHR
 

Mais procurados (20)

Reward and recognition class
Reward and recognition classReward and recognition class
Reward and recognition class
 
Carving in a Recognition Rich Culture - Employee Engagement
Carving in a Recognition Rich Culture - Employee EngagementCarving in a Recognition Rich Culture - Employee Engagement
Carving in a Recognition Rich Culture - Employee Engagement
 
Constructing Culture Through Rewards and Recognition
Constructing Culture Through Rewards and RecognitionConstructing Culture Through Rewards and Recognition
Constructing Culture Through Rewards and Recognition
 
HR's Role In Employee Performance
HR's Role In Employee PerformanceHR's Role In Employee Performance
HR's Role In Employee Performance
 
Global Corporate platform for People Reward & Recognition
Global Corporate platform for People Reward & RecognitionGlobal Corporate platform for People Reward & Recognition
Global Corporate platform for People Reward & Recognition
 
The “Four Quadrant” Theory of Organizational Reward and Recognition
The “Four Quadrant” Theory of  Organizational Reward and RecognitionThe “Four Quadrant” Theory of  Organizational Reward and Recognition
The “Four Quadrant” Theory of Organizational Reward and Recognition
 
How to Improve Retention Now and in the Future
How to Improve Retention Now and in the FutureHow to Improve Retention Now and in the Future
How to Improve Retention Now and in the Future
 
How to Make Sure Your Employees Feel Valued at Work
How to Make Sure Your Employees Feel Valued at WorkHow to Make Sure Your Employees Feel Valued at Work
How to Make Sure Your Employees Feel Valued at Work
 
How Compensation Discussions Make Or Kill Culture
How Compensation Discussions Make Or Kill CultureHow Compensation Discussions Make Or Kill Culture
How Compensation Discussions Make Or Kill Culture
 
How to Give Feedback and Performance Reviews Like a Coach, Not a Boss
How to Give Feedback and Performance Reviews Like a Coach, Not a BossHow to Give Feedback and Performance Reviews Like a Coach, Not a Boss
How to Give Feedback and Performance Reviews Like a Coach, Not a Boss
 
7 Ways To Build A Brand That Attracts Top Talent
7 Ways To Build A Brand That Attracts Top Talent7 Ways To Build A Brand That Attracts Top Talent
7 Ways To Build A Brand That Attracts Top Talent
 
How to Create a Culture of Feedback (and Why You Should)
How to Create a Culture of Feedback (and Why You Should)How to Create a Culture of Feedback (and Why You Should)
How to Create a Culture of Feedback (and Why You Should)
 
Keep Calm and Recruit Lean
Keep Calm and Recruit LeanKeep Calm and Recruit Lean
Keep Calm and Recruit Lean
 
Employee Recognition
Employee RecognitionEmployee Recognition
Employee Recognition
 
People Are the Pulse of Your Organization: How to Keep a Healthy Heart Rate
People Are the Pulse of Your Organization: How to Keep a Healthy Heart RatePeople Are the Pulse of Your Organization: How to Keep a Healthy Heart Rate
People Are the Pulse of Your Organization: How to Keep a Healthy Heart Rate
 
Paving the Way: How to Retain and Motivate Your Best Employees
Paving the Way: How to Retain and Motivate Your Best EmployeesPaving the Way: How to Retain and Motivate Your Best Employees
Paving the Way: How to Retain and Motivate Your Best Employees
 
How to Effectively Utilize Rewards and Recognition
How to Effectively Utilize Rewards and RecognitionHow to Effectively Utilize Rewards and Recognition
How to Effectively Utilize Rewards and Recognition
 
Using Compensation to Motivate Performance
Using Compensation to Motivate PerformanceUsing Compensation to Motivate Performance
Using Compensation to Motivate Performance
 
Accelerating New Hire Productivity Through Onboarding Part 2
Accelerating New Hire Productivity Through Onboarding Part 2Accelerating New Hire Productivity Through Onboarding Part 2
Accelerating New Hire Productivity Through Onboarding Part 2
 
How HR Can Balance Compliance, Vision, and the Employee Experience
How HR Can Balance Compliance, Vision, and the Employee ExperienceHow HR Can Balance Compliance, Vision, and the Employee Experience
How HR Can Balance Compliance, Vision, and the Employee Experience
 

Destaque

Rewards And Recognition
Rewards And RecognitionRewards And Recognition
Rewards And Recognition
rajeevgupta
 
TriggerO - Social Reward & Recognition network for your organization
TriggerO - Social Reward & Recognition network for your organizationTriggerO - Social Reward & Recognition network for your organization
TriggerO - Social Reward & Recognition network for your organization
TriggerO
 

Destaque (19)

Recognition and Reward Resource Guide
Recognition and Reward Resource GuideRecognition and Reward Resource Guide
Recognition and Reward Resource Guide
 
reward and recognition
reward and recognitionreward and recognition
reward and recognition
 
Rewards And Recognition
Rewards And RecognitionRewards And Recognition
Rewards And Recognition
 
The Power of Employee Appreciation. 5 Best Practices in Employee Recognition.
The Power of Employee Appreciation. 5 Best Practices in Employee Recognition.The Power of Employee Appreciation. 5 Best Practices in Employee Recognition.
The Power of Employee Appreciation. 5 Best Practices in Employee Recognition.
 
Employee recognition
Employee recognitionEmployee recognition
Employee recognition
 
Different strokes-Employee reward recognition plans- amazon
Different strokes-Employee reward recognition plans- amazon Different strokes-Employee reward recognition plans- amazon
Different strokes-Employee reward recognition plans- amazon
 
Rewards & recognition
Rewards & recognitionRewards & recognition
Rewards & recognition
 
Do You Struggle With Employee Recognition?
Do You Struggle With Employee Recognition?Do You Struggle With Employee Recognition?
Do You Struggle With Employee Recognition?
 
Incentive Pay and Team Based Pay by Dr. G C Mohanta
Incentive Pay and Team Based Pay by Dr. G C MohantaIncentive Pay and Team Based Pay by Dr. G C Mohanta
Incentive Pay and Team Based Pay by Dr. G C Mohanta
 
Performance Related Pay - Is it fair, transparent, behaviour-changing?
Performance Related Pay - Is it fair, transparent, behaviour-changing?Performance Related Pay - Is it fair, transparent, behaviour-changing?
Performance Related Pay - Is it fair, transparent, behaviour-changing?
 
Use recognition and reward to grow future leaders hr.com version january 24 2013
Use recognition and reward to grow future leaders hr.com version january 24 2013Use recognition and reward to grow future leaders hr.com version january 24 2013
Use recognition and reward to grow future leaders hr.com version january 24 2013
 
Discover the power of Peer to Peer Recognition for Employee Engagement
Discover the power of Peer to Peer Recognition for Employee EngagementDiscover the power of Peer to Peer Recognition for Employee Engagement
Discover the power of Peer to Peer Recognition for Employee Engagement
 
Reward and Recognition
Reward and Recognition Reward and Recognition
Reward and Recognition
 
Staff Retention
Staff RetentionStaff Retention
Staff Retention
 
26 ways to recognize employees
26 ways to recognize employees26 ways to recognize employees
26 ways to recognize employees
 
Ways to Recognize Employees | meroJob.com
Ways to Recognize Employees | meroJob.comWays to Recognize Employees | meroJob.com
Ways to Recognize Employees | meroJob.com
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Nelson - Class of 2011: Motivating the Millennials
Nelson - Class of 2011: Motivating the MillennialsNelson - Class of 2011: Motivating the Millennials
Nelson - Class of 2011: Motivating the Millennials
 
TriggerO - Social Reward & Recognition network for your organization
TriggerO - Social Reward & Recognition network for your organizationTriggerO - Social Reward & Recognition network for your organization
TriggerO - Social Reward & Recognition network for your organization
 

Semelhante a Reward Vs Recognition: Do You Know When To Use Each Motivator?

Be the one coaching webinar - november final
Be the one  coaching webinar - november final Be the one  coaching webinar - november final
Be the one coaching webinar - november final
AnthonyCastillo42
 
20 ways to motivate your employees
20 ways to motivate your employees20 ways to motivate your employees
20 ways to motivate your employees
mamanmenon
 

Semelhante a Reward Vs Recognition: Do You Know When To Use Each Motivator? (20)

5 Tips to Make Incentives Meaningful and Retain Employees
5 Tips to Make Incentives Meaningful and Retain Employees5 Tips to Make Incentives Meaningful and Retain Employees
5 Tips to Make Incentives Meaningful and Retain Employees
 
Be the one coaching webinar
Be the one  coaching webinarBe the one  coaching webinar
Be the one coaching webinar
 
Be the one coaching webinar - november final
Be the one  coaching webinar - november final Be the one  coaching webinar - november final
Be the one coaching webinar - november final
 
Take The Drama Out Of Salary Negotiations: The How-To for Recruiters
Take The Drama Out Of Salary Negotiations:The How-To for RecruitersTake The Drama Out Of Salary Negotiations:The How-To for Recruiters
Take The Drama Out Of Salary Negotiations: The How-To for Recruiters
 
9 Interviewing Tips every Interviewer needs to know
9 Interviewing Tips every Interviewer needs to know9 Interviewing Tips every Interviewer needs to know
9 Interviewing Tips every Interviewer needs to know
 
How to Inspire and Motivate Your Employees
How to Inspire and Motivate Your EmployeesHow to Inspire and Motivate Your Employees
How to Inspire and Motivate Your Employees
 
20 ways to motivate your employees
20 ways to motivate your employees20 ways to motivate your employees
20 ways to motivate your employees
 
Motivation- Organizational Behaviour
Motivation- Organizational BehaviourMotivation- Organizational Behaviour
Motivation- Organizational Behaviour
 
Keeping Employee Morale High
Keeping Employee Morale HighKeeping Employee Morale High
Keeping Employee Morale High
 
How to land a Great Job In Videogames
How to land a Great Job In VideogamesHow to land a Great Job In Videogames
How to land a Great Job In Videogames
 
How to make effort rewarding
How to make effort rewardingHow to make effort rewarding
How to make effort rewarding
 
Tough Comp Conversations: A Guide For Doing Them Right
Tough Comp Conversations: A Guide For Doing Them RightTough Comp Conversations: A Guide For Doing Them Right
Tough Comp Conversations: A Guide For Doing Them Right
 
Empowering Employees
Empowering EmployeesEmpowering Employees
Empowering Employees
 
Define your B2B Brand Positioning
Define your B2B Brand PositioningDefine your B2B Brand Positioning
Define your B2B Brand Positioning
 
6 Unconventional Hiring Strategies to attract and hire top talent
6 Unconventional Hiring Strategies to attract and hire top talent6 Unconventional Hiring Strategies to attract and hire top talent
6 Unconventional Hiring Strategies to attract and hire top talent
 
6 WAYS TO ADD VALUE TO YOUR ORGANIZATION & ADVANCE YOUR CAREER by Dr.Mahboob ...
6 WAYS TO ADD VALUE TO YOUR ORGANIZATION & ADVANCE YOUR CAREER by Dr.Mahboob ...6 WAYS TO ADD VALUE TO YOUR ORGANIZATION & ADVANCE YOUR CAREER by Dr.Mahboob ...
6 WAYS TO ADD VALUE TO YOUR ORGANIZATION & ADVANCE YOUR CAREER by Dr.Mahboob ...
 
Reviewing Creative Employee Reward Systems
Reviewing Creative Employee Reward SystemsReviewing Creative Employee Reward Systems
Reviewing Creative Employee Reward Systems
 
Rewarding Employees on a Budget - Rewards for Employees
Rewarding Employees on a Budget - Rewards for EmployeesRewarding Employees on a Budget - Rewards for Employees
Rewarding Employees on a Budget - Rewards for Employees
 
How To Reward Employees When Your Budget Is
How To Reward Employees When Your Budget IsHow To Reward Employees When Your Budget Is
How To Reward Employees When Your Budget Is
 
How to develop a successful sales team - Victor Koitchev
How to develop a successful sales team - Victor KoitchevHow to develop a successful sales team - Victor Koitchev
How to develop a successful sales team - Victor Koitchev
 

Mais de BambooHR

Mais de BambooHR (20)

Building a Compensation Plan for Better Retention
Building a Compensation Plan for Better RetentionBuilding a Compensation Plan for Better Retention
Building a Compensation Plan for Better Retention
 
Make Time Management Simpler with Time Tracking from BambooHR
Make Time Management Simpler with Time Tracking from BambooHRMake Time Management Simpler with Time Tracking from BambooHR
Make Time Management Simpler with Time Tracking from BambooHR
 
Employee Development in 2023: Trends and Tactics to Retain Good Employees.pdf
Employee Development in 2023: Trends and Tactics to Retain Good Employees.pdfEmployee Development in 2023: Trends and Tactics to Retain Good Employees.pdf
Employee Development in 2023: Trends and Tactics to Retain Good Employees.pdf
 
How your employee experience will make or break your revenue
How your employee experience will make or break your revenueHow your employee experience will make or break your revenue
How your employee experience will make or break your revenue
 
Pay Equity Conversations Don't Have to be Uncomfortable
Pay Equity Conversations Don't Have to be UncomfortablePay Equity Conversations Don't Have to be Uncomfortable
Pay Equity Conversations Don't Have to be Uncomfortable
 
Give People the Tools to Perform with BambooHR Performance Management
Give People the Tools to Perform with BambooHR Performance ManagementGive People the Tools to Perform with BambooHR Performance Management
Give People the Tools to Perform with BambooHR Performance Management
 
Retention in the Face of Recession: Compensation Strategies for a Roller Coas...
Retention in the Face of Recession: Compensation Strategies for a Roller Coas...Retention in the Face of Recession: Compensation Strategies for a Roller Coas...
Retention in the Face of Recession: Compensation Strategies for a Roller Coas...
 
Save Time with BambooHR Time Tracking
Save Time with BambooHR Time TrackingSave Time with BambooHR Time Tracking
Save Time with BambooHR Time Tracking
 
Gain Better Insights with Reporting + Payroll in BHR
Gain Better Insights with Reporting + Payroll in BHRGain Better Insights with Reporting + Payroll in BHR
Gain Better Insights with Reporting + Payroll in BHR
 
How BambooHR® Makes Payroll Fast, Easy and Accurate.pptx
How BambooHR® Makes Payroll Fast, Easy and Accurate.pptxHow BambooHR® Makes Payroll Fast, Easy and Accurate.pptx
How BambooHR® Makes Payroll Fast, Easy and Accurate.pptx
 
Time Tacking with BambooHR
Time Tacking with BambooHRTime Tacking with BambooHR
Time Tacking with BambooHR
 
Managing Performance with BambooHR
Managing Performance with BambooHRManaging Performance with BambooHR
Managing Performance with BambooHR
 
Better Together: How Three BambooHR Add-ons Work Best When Combined
Better Together: How Three BambooHR Add-ons Work Best When CombinedBetter Together: How Three BambooHR Add-ons Work Best When Combined
Better Together: How Three BambooHR Add-ons Work Best When Combined
 
Mastering Mobile Time Tracking with BambooHR
Mastering Mobile Time Tracking with BambooHRMastering Mobile Time Tracking with BambooHR
Mastering Mobile Time Tracking with BambooHR
 
Payroll Panel Streamlining Your Compensation with BambooHR Payroll.pptx
Payroll Panel Streamlining Your Compensation with BambooHR Payroll.pptxPayroll Panel Streamlining Your Compensation with BambooHR Payroll.pptx
Payroll Panel Streamlining Your Compensation with BambooHR Payroll.pptx
 
Mastering Hourly Payroll with BambooHR.pptx
Mastering Hourly Payroll with BambooHR.pptxMastering Hourly Payroll with BambooHR.pptx
Mastering Hourly Payroll with BambooHR.pptx
 
BambooHR Kalie Whitaker Total Compensation Webinar Slide Deck—5_18_2022.pptx
BambooHR Kalie Whitaker Total Compensation Webinar Slide Deck—5_18_2022.pptxBambooHR Kalie Whitaker Total Compensation Webinar Slide Deck—5_18_2022.pptx
BambooHR Kalie Whitaker Total Compensation Webinar Slide Deck—5_18_2022.pptx
 
a Holistic Approach to Performance Management and Employee Satisfaction with ...
a Holistic Approach to Performance Management and Employee Satisfaction with ...a Holistic Approach to Performance Management and Employee Satisfaction with ...
a Holistic Approach to Performance Management and Employee Satisfaction with ...
 
Tracking Time in Less Time with BambooHR
Tracking Time in Less Time with BambooHRTracking Time in Less Time with BambooHR
Tracking Time in Less Time with BambooHR
 
Four Strategies to Counter the Great Resignation
Four Strategies to Counter the Great ResignationFour Strategies to Counter the Great Resignation
Four Strategies to Counter the Great Resignation
 

Último

The Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard BrownThe Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard Brown
SandaliGurusinghe2
 
internship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamrainternship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamra
AllTops
 
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTECAbortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Riyadh +966572737505 get cytotec
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable development
Nimot Muili
 

Último (14)

The Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard BrownThe Psychology Of Motivation - Richard Brown
The Psychology Of Motivation - Richard Brown
 
International Ocean Transportation p.pdf
International Ocean Transportation p.pdfInternational Ocean Transportation p.pdf
International Ocean Transportation p.pdf
 
internship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamrainternship thesis pakistan aeronautical complex kamra
internship thesis pakistan aeronautical complex kamra
 
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professionalW.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
W.H.Bender Quote 62 - Always strive to be a Hospitality Service professional
 
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTECAbortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
Abortion pills in Jeddah |• +966572737505 ] GET CYTOTEC
 
Gautam Buddh Nagar Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Gautam Buddh Nagar Call Girls 🥰 8617370543 Service Offer VIP Hot ModelGautam Buddh Nagar Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Gautam Buddh Nagar Call Girls 🥰 8617370543 Service Offer VIP Hot Model
 
How Software Developers Destroy Business Value.pptx
How Software Developers Destroy Business Value.pptxHow Software Developers Destroy Business Value.pptx
How Software Developers Destroy Business Value.pptx
 
digital Human resource management presentation.pdf
digital Human resource management presentation.pdfdigital Human resource management presentation.pdf
digital Human resource management presentation.pdf
 
Marketing Management 16th edition by Philip Kotler test bank.docx
Marketing Management 16th edition by Philip Kotler test bank.docxMarketing Management 16th edition by Philip Kotler test bank.docx
Marketing Management 16th edition by Philip Kotler test bank.docx
 
Siliguri Escorts Service Girl ^ 9332606886, WhatsApp Anytime Siliguri
Siliguri Escorts Service Girl ^ 9332606886, WhatsApp Anytime SiliguriSiliguri Escorts Service Girl ^ 9332606886, WhatsApp Anytime Siliguri
Siliguri Escorts Service Girl ^ 9332606886, WhatsApp Anytime Siliguri
 
Persuasive and Communication is the art of negotiation.
Persuasive and Communication is the art of negotiation.Persuasive and Communication is the art of negotiation.
Persuasive and Communication is the art of negotiation.
 
Beyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable developmentBeyond the Codes_Repositioning towards sustainable development
Beyond the Codes_Repositioning towards sustainable development
 
Information Technology Project Management, Revised 7th edition test bank.docx
Information Technology Project Management, Revised 7th edition test bank.docxInformation Technology Project Management, Revised 7th edition test bank.docx
Information Technology Project Management, Revised 7th edition test bank.docx
 
Safety T fire missions army field Artillery
Safety T fire missions army field ArtillerySafety T fire missions army field Artillery
Safety T fire missions army field Artillery
 

Reward Vs Recognition: Do You Know When To Use Each Motivator?

  • 1. Reward vs Recognition: Do you know when to use which motivator? bamboohr.com 1-866-387-9595
  • 2. Reward vs Recognition: Do you know when to use which motivator? Ben Peterson, co-founder and CEO of BambooHR bamboohr.com 1-866-387-9595
  • 3. Reward vs Recognition: Do you know when to use which motivator? Most of the time, reward and recognition go hand-in-hand. What are the differences? bamboohr.com 1-866-387-9595
  • 4. Reward vs Recognition: Do you know when to use which motivator? Why focus on employee recognition? bamboohr.com 1-866-387-9595
  • 5. Reward vs Recognition: Do you know when to use which motivator? “Employee recognition is the number one factor when motivating employees in the workplace.” bamboohr.com 1-866-387-9595
  • 6. Reward vs Recognition: Do you know when to use which motivator? 69% of employees would work harder if they were better recognized. bamboohr.com 1-866-387-9595
  • 7. Reward vs Recognition: Do you know when to use which motivator? of employees find it annoying when they are not recognized for the accomplishments they contribute to the team and company. bamboohr.com 1-866-387-9595
  • 8. Reward vs Recognition: Do you know when to use which motivator? “Organizations that give regular thanks to their employees far outperform those that don’t.” —Josh Bersin bamboohr.com 1-866-387-9595
  • 9. Reward vs Recognition: Do you know when to use which motivator? Did you know employees want some form of recognition every 7 days? Yet only 12 percent of employees say they often receive appreciation for great work. bamboohr.com 1-866-387-9595
  • 10. Reward vs Recognition: Do you know when to use which motivator? Actions that align with company’s goals and strategy. “Too many CEOs and managers focus on bottom line results without thinking about how it feels to slog away and work without anyone saying thanks.” —Josh Bersin bamboohr.com 1-866-387-9595
  • 11. Reward vs Recognition: Do you know when to use which motivator? Big and small wins. “Regular minor boosts from ordinary activities can have a cumulative and lasting effect.” —Harvard Business Review bamboohr.com 1-866-387-9595
  • 12. Reward vs Recognition: Do you know when to use which motivator? Being a team player. “[Teamwork] is the fuel that allows common people to attain uncommon results.” —Andrew Carnegie, American Industrialist & Philanthropist bamboohr.com 1-866-387-9595
  • 13. Reward vs Recognition: Do you know when to use which motivator? So . . . how can you best use recognition? • Be simple • Be sincere • Be consistent bamboohr.com 1-866-387-9595
  • 14. Reward vs Recognition: Do you know when to use which motivator? “You have to use recognition again and again to build people up. It is one of the many tools and practices available to each manager to boost people up and elevate work performance.” —Barbara Ann Corcoran, Shark Tank bamboohr.com 1-866-387-9595
  • 15. Reward vs Recognition: Do you know when to use which motivator? 11 Ideas to recognize employees without spending a penny! Send a personal note Say a sincere “thank you” Recognize in a meeting or applaud Send a shout-out on a social site Mention their success in a speech or presentation Give a long lunch or get-out-of-work free day Have a higher manager say thanks Swap a task with them Give a team lead role or title promotion Offer flex hours or work-from-home options Create a “Wall of Fame” or white board 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. bamboohr.com 1-866-387-9595
  • 16. Reward vs Recognition: Do you know when to use which motivator? Why focus on employee rewards? bamboohr.com 1-866-387-9595
  • 17. Reward vs Recognition: Do you know when to use which motivator? The workforce is changing. By 2020, half our workforce will be millennials. bamboohr.com 1-866-387-9595
  • 18. Reward vs Recognition: Do you know when to use which motivator? Employees want to be rewarded for their hard work. • 44 percent of employees said tangible (type financial rewards) highly or very highly increased their engagement. • 63 percent of employees said intangible rewards highly or very highly increased their engagement. — The Hay Group bamboohr.com 1-866-387-9595
  • 19. Reward vs Recognition: Do you know when to use which motivator? Not all are about bonuses, raises, or even cash. 46% of incentives offered by US companies are non-cash incentives. Don’t be afraid to get creative! bamboohr.com 1-866-387-9595
  • 20. Reward vs Recognition: Do you know when to use which motivator? “It’s impossible to win the hearts and minds of people unless you clearly establish goals and values and reward people if they act in a way that leads to the fulfillment of those objectives.” —F. Robert Salerno, CEO of Avis bamboohr.com 1-866-387-9595
  • 21. Reward vs Recognition: Do you know when to use which motivator? So . . . how can you best reward employees? bamboohr.com 1-866-387-9595
  • 22. Reward vs Recognition: Do you know when to use which motivator? Objectively (and transparently) identify who deserves reward and for what bamboohr.com 1-866-387-9595
  • 23. Reward vs Recognition: Do you know when to use which motivator? Figure out how much value the work contributed bamboohr.com 1-866-387-9595
  • 24. Reward vs Recognition: Do you know when to use which motivator? Decide—as an organization—if you want to reward only the big wins and successes or the milestone steps and wins along the way. But consistency is important. bamboohr.com 1-866-387-9595
  • 25. Reward vs Recognition: Do you know when to use which motivator? 10 reasonably priced ideas for rewarding employees: Stock options Gift cards Time off Late in/early out Growth opportunities Fun Tickets A massage A personalized gift Free food 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. bamboohr.com 1-866-387-9595
  • 26. Reward vs Recognition: Do you know when to use which motivator? Selecting what’s best for your company bamboohr.com 1-866-387-9595
  • 27. Reward vs Recognition: Do you know when to use which motivator? Who should be rewarded and recognized? bamboohr.com 1-866-387-9595
  • 28. Reward vs Recognition: Do you know when to use which motivator? Start today! Think about why, when and how to best motivate your people. bamboohr.com 1-866-387-9595
  • 29. Reward vs Recognition: Do you know when to use which motivator? Thank you! Follow BambooHR on social media: bamboohr.com/blog bamboohr.com 1-866-387-9595
  • 30. Reward vs Recognition: Do you know when to use which motivator? Questions? BambooHR Receive a free job posting on our ATS and full HRIS for one week. We will contact everyone within the next few days to set this up. bamboohr.com 1-866-387-9595