Is your company still reeling from the effects of the Great Resignation? Are you looking for simple ways to keep your culture thriving in an increasingly hybrid work environment? You may want to consider the many ways a strategic employee recognition program could solve these challenges and more.
Employee recognition is likely the single most underutilized management and culture-building tool out there. According to a new workplace study from Workhuman® and Gallup, 81% of managers and leaders say recognition is not a major strategic priority at their organization. And yet, employee recognition has the potential to help drive connection, boost engagement, and foster belonging – all critical areas when it comes to retaining talent.
It’s worth noting that the business benefits of recognition can only be realized with a strategic recognition program. That’s not just an employee of the month program or an annual awards ceremony. Recognition should be something that’s given and received up, down, and across the organization. It should be perceived as fulfilling, authentic, equitable, embedded in your culture, and personalized.