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Company Confidential © 2017 Perks.com All Rights Reserved.
10 Best Practices
2Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Using GoToWebinar
3Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Today’s presenters
4Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Your Employee Engagement Strategy
5Company Confidential © 2017 Perks WW Employee All Rights Reserved.
So what’s the problem?
64% of employees resign
because they feel
unappreciated.
6Company Confidential © 2017 Perks WW Employee All Rights Reserved.
10 Employee Recognition
Best Practices
7Company Confidential © 2017 Perks WW Employee All Rights Reserved.
You are nothing without an ROI plan
Without an ROI plan funding will be difficult to get (and
keep) AND reporting success will be difficult.
NOTE: A comprehensive ROI plan will give you the
backing of your CFO
8Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Collect data about
current conditions to
develop a baseline.
Collect data during
the program period
for use as a
comparison.
Collect data after the
program period to
understand if/how
tools are being used.
Assess the business
impacts of the data.
Convert that data to $
(where possible.)
Capture all possible
costs.
Calculate ROI &
define intangible
program elements.
9Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Tie recognition to company values
and goals
Rewarded performance should service the company
in attaining goals.
Use/create company value statements and align
recognition categories for results that compliment
these statements.
10Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Gather input from
key stakeholders.
Perform competitive
research.
Survey your
employees.
Involve a diverse
group in the design.
Establish program
goals, objectives
and metrics.
Develop a program
baseline.
Determine
behaviors that
contribute to
business success.
Define the financial
benefit of target
behaviors.
11Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Implement peer to peer recognition and
eliminate the hierarchy
Peers are in-tune with co-worker actions on a daily basis
and colleague contributions are more highly valued. Top
down recognition is often seen as political.
12Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Give examples of
appropriate
recognition.
Consider recognition
for colleagues outside
their department.
Train people to
recognize “good”
behaviors .
Include explanations
in your new employee
orientation.
Provide training
around recognition
areas not well-utilized.
Keep supervisors
informed – this
includes reporting &
recognition.
13Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Recognize people based on specific
results and behaviors
Create a culture of doing the ‘right thing’ by awarding
people for driving specific results that provided value
add.
14Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Invite participation
at all levels.
Recognition should
be continual.
Add spot award
programs, they are
informal and
accessible.
Keep it simple.
Help employees
grow.
Span the employee
lifecycle.
Structure program
for individual and/or
team awards.
15Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Recognition should be fast and easy
Make your website easily accessible and
user-friendly so that the recognition process is
enjoyable – not a burden.
16Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
The user
experience is key,
make it easy for
the user to give
recognition.
Once the user
has been
recognized, build
in a very short
action to award
time period.
And an even
shorter award to
reward time
period.
Remember, cash
in a paycheck is
salary.
17Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Help your managers succeed
A successful recognition program requires
management involvement. Train managers
about recognition that supports company values.
Give them tools and visibility to support success.
18Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Integrate manager
training. Explain
what your company
considers
appropriate
recognition.
Provide reports that
inform & educate
about their team’s
participation.
No surprises! Inform
managers when
their employee is
nominated and
recognized.
Incorporate
feedback. Ask them
about what is and
isn’t working.
19Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Keep everyone in the know
Define a comprehensive employee recognition
communication plan targeted to each audience segment
that drives people to redeem and keeps users highly
engaged.
20Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Develop a segmented
communication
strategy.
Use multiple
communications
channels.
Announce program
design team members
and goals.
Share the design
decision-making
process & successes.
Provide progress
updates.
Solicit suggestions
and feedback.
21Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Game mechanics increase
engagement
Gamification is about organizing information in a
way that simplifies the experience while motivating
your participants.
22Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Incorporate badges,
games of chance, spin
the wheels, challenges,
and more.
Progress bars give a
sense of accomplishment
and put participant goals
front and center.
Progressive learning
keeps users from feeling
overwhelmed while
ensuring the program
stays fresh.
23Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Recognize and Reward
Balance intrinsic and extrinsic motivation to
increase employee engagement levels. Think
about audience segmentation when designing your
reward options.
24Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Intrinsic
Intrinsic engagement is an absolute must
when creating a successful employee
recognition program.
Intrinsic rewards are an excellent way to motivate employees to
complete a task through autonomy, mastery and purpose
Extrinsic
Balancing extrinsic rewards to intrinsic
motivators is vital to program success.
Extrinsic rewards can be in the form of compensation through
points/dollars, perks, vacation days or even promotions.
Ensure a process is in place
to quickly pay points/dollars
into the persons account.
Vary rewards mix, based
upon your goals and
audience. Incentives should
be appropriate to the
country, program structure
and goals.
Rewards should be both
inspirational and
aspirational.
25Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Monitor performance and adjust
Employee recognition is not one and done.
26Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Design elements to consider
Know what
information you
need to gather.
Report on gaps
and successes.
Survey
consistently.
Hold regular
meetings.
Adjust to improve
results (but not too
often.)
27Company Confidential © 2017 Perks WW Employee All Rights Reserved.
Let’s put it all together
28Company Confidential © 2017 Perks WW Employee All Rights Reserved.
1. You are nothing without an ROI plan
2. Tie recognition to company values and goals
3. Peer to peer recognition eliminates the hierarchy
4. Recognize people based on specific behaviors
5. Make recognition fast and easy
6. Help your managers succeed
7. Keep everyone in the know
8. Game mechanics increase engagement
9. Recognize and reward
10. Monitor performance and adjust
10 EMPLOYEE RECOGNITION BEST PRACTICES
29Company Confidential © 2017 Perks WW Employee All Rights Reserved.
www.perks.com
www.perks.com/contact-us
(501)-707-0360
www.twitter.com/PerksCorp
www.linkedin.com/company/perks.com
plus.google.com+PerksIncentivePrograms/posts
www.facebook.com/perksincentives
Thank you.
dbroderson@perks.com sreddy@perks.com

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Perks WW 10 Employee Recognition Program Best Practices Webinar

  • 1. Company Confidential © 2017 Perks.com All Rights Reserved. 10 Best Practices
  • 2. 2Company Confidential © 2017 Perks WW Employee All Rights Reserved. Using GoToWebinar
  • 3. 3Company Confidential © 2017 Perks WW Employee All Rights Reserved. Today’s presenters
  • 4. 4Company Confidential © 2017 Perks WW Employee All Rights Reserved. Your Employee Engagement Strategy
  • 5. 5Company Confidential © 2017 Perks WW Employee All Rights Reserved. So what’s the problem? 64% of employees resign because they feel unappreciated.
  • 6. 6Company Confidential © 2017 Perks WW Employee All Rights Reserved. 10 Employee Recognition Best Practices
  • 7. 7Company Confidential © 2017 Perks WW Employee All Rights Reserved. You are nothing without an ROI plan Without an ROI plan funding will be difficult to get (and keep) AND reporting success will be difficult. NOTE: A comprehensive ROI plan will give you the backing of your CFO
  • 8. 8Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Collect data about current conditions to develop a baseline. Collect data during the program period for use as a comparison. Collect data after the program period to understand if/how tools are being used. Assess the business impacts of the data. Convert that data to $ (where possible.) Capture all possible costs. Calculate ROI & define intangible program elements.
  • 9. 9Company Confidential © 2017 Perks WW Employee All Rights Reserved. Tie recognition to company values and goals Rewarded performance should service the company in attaining goals. Use/create company value statements and align recognition categories for results that compliment these statements.
  • 10. 10Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Gather input from key stakeholders. Perform competitive research. Survey your employees. Involve a diverse group in the design. Establish program goals, objectives and metrics. Develop a program baseline. Determine behaviors that contribute to business success. Define the financial benefit of target behaviors.
  • 11. 11Company Confidential © 2017 Perks WW Employee All Rights Reserved. Implement peer to peer recognition and eliminate the hierarchy Peers are in-tune with co-worker actions on a daily basis and colleague contributions are more highly valued. Top down recognition is often seen as political.
  • 12. 12Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Give examples of appropriate recognition. Consider recognition for colleagues outside their department. Train people to recognize “good” behaviors . Include explanations in your new employee orientation. Provide training around recognition areas not well-utilized. Keep supervisors informed – this includes reporting & recognition.
  • 13. 13Company Confidential © 2017 Perks WW Employee All Rights Reserved. Recognize people based on specific results and behaviors Create a culture of doing the ‘right thing’ by awarding people for driving specific results that provided value add.
  • 14. 14Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Invite participation at all levels. Recognition should be continual. Add spot award programs, they are informal and accessible. Keep it simple. Help employees grow. Span the employee lifecycle. Structure program for individual and/or team awards.
  • 15. 15Company Confidential © 2017 Perks WW Employee All Rights Reserved. Recognition should be fast and easy Make your website easily accessible and user-friendly so that the recognition process is enjoyable – not a burden.
  • 16. 16Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider The user experience is key, make it easy for the user to give recognition. Once the user has been recognized, build in a very short action to award time period. And an even shorter award to reward time period. Remember, cash in a paycheck is salary.
  • 17. 17Company Confidential © 2017 Perks WW Employee All Rights Reserved. Help your managers succeed A successful recognition program requires management involvement. Train managers about recognition that supports company values. Give them tools and visibility to support success.
  • 18. 18Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Integrate manager training. Explain what your company considers appropriate recognition. Provide reports that inform & educate about their team’s participation. No surprises! Inform managers when their employee is nominated and recognized. Incorporate feedback. Ask them about what is and isn’t working.
  • 19. 19Company Confidential © 2017 Perks WW Employee All Rights Reserved. Keep everyone in the know Define a comprehensive employee recognition communication plan targeted to each audience segment that drives people to redeem and keeps users highly engaged.
  • 20. 20Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Develop a segmented communication strategy. Use multiple communications channels. Announce program design team members and goals. Share the design decision-making process & successes. Provide progress updates. Solicit suggestions and feedback.
  • 21. 21Company Confidential © 2017 Perks WW Employee All Rights Reserved. Game mechanics increase engagement Gamification is about organizing information in a way that simplifies the experience while motivating your participants.
  • 22. 22Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Incorporate badges, games of chance, spin the wheels, challenges, and more. Progress bars give a sense of accomplishment and put participant goals front and center. Progressive learning keeps users from feeling overwhelmed while ensuring the program stays fresh.
  • 23. 23Company Confidential © 2017 Perks WW Employee All Rights Reserved. Recognize and Reward Balance intrinsic and extrinsic motivation to increase employee engagement levels. Think about audience segmentation when designing your reward options.
  • 24. 24Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Intrinsic Intrinsic engagement is an absolute must when creating a successful employee recognition program. Intrinsic rewards are an excellent way to motivate employees to complete a task through autonomy, mastery and purpose Extrinsic Balancing extrinsic rewards to intrinsic motivators is vital to program success. Extrinsic rewards can be in the form of compensation through points/dollars, perks, vacation days or even promotions. Ensure a process is in place to quickly pay points/dollars into the persons account. Vary rewards mix, based upon your goals and audience. Incentives should be appropriate to the country, program structure and goals. Rewards should be both inspirational and aspirational.
  • 25. 25Company Confidential © 2017 Perks WW Employee All Rights Reserved. Monitor performance and adjust Employee recognition is not one and done.
  • 26. 26Company Confidential © 2017 Perks WW Employee All Rights Reserved. Design elements to consider Know what information you need to gather. Report on gaps and successes. Survey consistently. Hold regular meetings. Adjust to improve results (but not too often.)
  • 27. 27Company Confidential © 2017 Perks WW Employee All Rights Reserved. Let’s put it all together
  • 28. 28Company Confidential © 2017 Perks WW Employee All Rights Reserved. 1. You are nothing without an ROI plan 2. Tie recognition to company values and goals 3. Peer to peer recognition eliminates the hierarchy 4. Recognize people based on specific behaviors 5. Make recognition fast and easy 6. Help your managers succeed 7. Keep everyone in the know 8. Game mechanics increase engagement 9. Recognize and reward 10. Monitor performance and adjust 10 EMPLOYEE RECOGNITION BEST PRACTICES
  • 29. 29Company Confidential © 2017 Perks WW Employee All Rights Reserved. www.perks.com www.perks.com/contact-us (501)-707-0360 www.twitter.com/PerksCorp www.linkedin.com/company/perks.com plus.google.com+PerksIncentivePrograms/posts www.facebook.com/perksincentives Thank you. dbroderson@perks.com sreddy@perks.com