2015 trends in recognition mel - apr 23 2015 - draft 2
TRANSCRIPT
2015 Trends in Recognition:
Leveraging Recognition to Drive Employee Engagement
23 April 2015
Rob Catalano CRP, REP
@RobCatalano
Vice-President, Global Expansion & Engagement, Achievers
Newspaper Help Wanted Revenues
Source: Newspapers Association, www.naa.org
VS
Problems are Durable. Solutions Change.
Seismic Shift in the WorkplacePeople work differently. People engage differently. People are motivated differently.
Recognition Maturity Model
2 N D F L O O R
CULTURE OFRECOGNITION
Higher Value
Lower Value
1 S T F L O O R
R E WA R D S &R E C O G N I T I O N
3 R D F L O O R
ENGAGE & ALIGN
Recognition & Engagement
Organizations with great cultures of recognition see 31% decreased turnover.
Recognition of top performers is the #1 most impactful employee engagement driver.
2015 Trends in Recognition
2015 Trends in Recognition Model
2015 Trends in Recognition Model
Theory of Human Motivation
Salary & Rewards
Job Security
Culture & Values
Recognition
Success
Physiological
Safety / Security
Social / Belonging
Self Esteem
Self
Actualization
Does Peer Recognition Work?
Employee recognitions in first 9 months of enabling peer recognition
1,000,000Increase in recognition questions
on engagement survey
18%
Voice of employee scores for engagement
LowHighest engagement scores of
any worldwide affiliate
#1
Driving Engagement with R & R
Trend 2: Results Based Recognition
Employee Referrals5,001 Referrals in first three months
Cost Savings$1,000,000 in 7 months
Increasing Customer Satisfaction112% Growth
Start with a Benchmark?
Safety594 Consecutive safe work days (record)
Sales Growth1.1% average resultant sales growth per district
Driving Engagement with R & R
Trend 3: Social Employee Recognition
Share on Social Networks
Authentically build Employer Brand
Drive Social Recruiting
9
Trends in Recognition Model
24
Two more things…
Re-think Rewards
Meaningful Rewards
Power of Choice and Instant
Locally Relevant
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