stars employee rewards & recognition overview
TRANSCRIPT
![Page 1: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/1.jpg)
CSI International, Inc.Performance Based
Recognition
![Page 2: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/2.jpg)
CSI InternationalPerformance Based Recognition
To understand Performance-based Recognition, we need to begin with a definition of Performance Management:
A technology, for managing both people’s behavior and results, two critical elements of measuring performance. Performance cannot be viewed as independent of either element. *
*Dr. Aubrey C. Daniels, Author and Behavioral Scientist
![Page 3: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/3.jpg)
CSI International believes…Performance Based Recognition is:
A Business Strategy which improves employee Engagement…
By rewarding employees frequently with meaningful awards for behavior, actions, and attitudes that produce results against organization’s goals, while reinforcing its vision and values.
![Page 4: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/4.jpg)
What is Employee Engagement? Engaged employees work with a passion and feel a profound
connection to their company. They drive innovation and move the organization forward.
Not-Engaged employees are essentially “checked-out.” They are sleepwalking through their workday. They are putting in time, but not enough energy or passions into their work.
Actively Disengaged employees aren’t just unhappy at work, they’re busy acting out their unhappiness. Every day, these workers undermine what their engaged co-workers accomplish.
![Page 5: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/5.jpg)
CSI InternationalPerformance Based Recognition
Engaged employees make the difference between high performing companies and lesser performing competitors
Gallup’s Employee Engagement Studies find..
o 28% of employees are Engagedo 54% are Not Engagedo 17% are Actively Disengaged
![Page 6: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/6.jpg)
Gallup’s MeasurableBenefits from Engagement
Enhanced organizational performance Increased productivity Greater financial performance An increase in employee retention
![Page 7: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/7.jpg)
Engagement/Appreciation“Opportunity & Well Being & Appreciation”
as Major Contributors to Employee Engagement ( EMPLOYEE ENGAGEMENT SCORES)
Without WithAppreciation Appreciation
Low Opportunity Companies 35% 56%High Opportunity Companies 77% 92%
Low Trust Companies 35% 63%High Trust Companies 65% 91%
Low Communication Companies 39% 69%High Communication Companies 68% 92%
Conclusion: Appreciation of great work accelerates engagement significantly across cultures, industries and the worldTowers Perrin Study (2008) **10,333 Interviews –over thousands of companies (13 countries represented)
![Page 8: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/8.jpg)
CSI InternationalPerformance Based Recognition
Earnings per share (in publically traded companies) were 26% greater in companies with highly engaged people
o 72% of those engaged people thought “I can have apositive impact on service”.
o 84% thought “ I can impact our Company’s results”.
o 68% thought “I can positively impact costs”.
![Page 9: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/9.jpg)
Measurable Benefits from Engagement1. Enhanced organizational performance2. Increased productivity3. Greater financial success4. They are not as likely to leave
(Retention)
![Page 10: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/10.jpg)
The Human Capital Performance Institute Report on “Employee Wants”
o To be inspiredo To be understoodo To growo To be rewarded and recognizedo To be listened too To be empoweredo Strategic Recognition can play a role
![Page 11: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/11.jpg)
How does your organization view EMPLOYEE RECOGNITON?
As a Cost?• Do what others do• Respond to inflation, recruiting & retention issues• Calculate and do what is affordable
As an investment?• Supporting the business strategy• Alignment of associate & organizational interests• Reinforcing processes, values and mission• Communicate recognition, performance, appreciation• Leverage Senior Management as program champions• Measurement of perception, understanding, results
![Page 12: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/12.jpg)
Successful Organizations Believe That….
Strategic Recognition engages a workforce by showing appreciation, and rewarding employees frequently with meaningful rewards and recognition for behavior, actions, and attitudes that produce results against the organization’s goals, while reinforcing its vision and values.
![Page 13: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/13.jpg)
CSI’s proprietary solution to build Strategic Recognition is…
STARS PERFORMANCE a fully integrated system which enables our clients to implement, manage and control their individual recognition initiatives to Engage, Motivate and Retain Talent in their organizations.
STARS PERFORMANCE includes these program elements:
● Points-based Bank Account Programs (cumulative)• “SPOT” (Appreciation) Rewards (immediate)
• Peer 2 Peer “Thank You” (non-monetary)• Peer 2 Peer “Nomination” (with Nomination Builder)• Manager Recognition
• “SPOT” Recognition• Traditional Awards• Digital Awards
● A Complete Suite of Client Support Services
![Page 14: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/14.jpg)
STARS PERFORMANCE a fully integrated system which enables our clients to implement, manage, analyze and control all recognition initiatives deployed to Engage, Motivate and Retain Talent in their organization.
Spot Recognition Spot Echelon—peer-t0-peer and nomination
functionality with immediate award redemption Spot Digital—low-cost electronically delivered awards
tailored to younger audiences Spot Traditional—symbolic awards with high-impact
packaging and personalized notesStars Performance Points
Incentive, reward, recognition programs utilizing the currency (of) accumulated points to choose awards
Comprehensive Suite of Support Elements
![Page 15: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/15.jpg)
CSI International’sSTARS RECOGNITION STRATEGY
![Page 16: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/16.jpg)
CSI’s STARS Performance program provides a complete suite of Client Support Services:
o Tailored for Your Needs and Budgeto Your “Branded” Programo Delivered to your Work Environmento Encourage “Buy In” and Program Awarenesso Vehicles
Video – Intranet E-Mail Web Conference E-Letter Posters/Brochures P.O.D.
COMMUNICATIONS
![Page 17: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/17.jpg)
CLIENT SUPPORT SERVICES
o Identify and train All Levels of Management with Program Responsibility
o Utilizing Four Modules Recognition Strategy and Program Overview Technology Reviews Roles and Responsibilities Presentation Skills
o Training can be Deployed to Meet “Your” Individual Needs
Train-the-Trainer Web-Based CD/DVD Printed Materials
TRAINING
![Page 18: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/18.jpg)
CLIENT SUPPORT SERVICES
o “Learn & Earn” Programso SCORM Compliant programs, certificationsoDelivered through STARS
PERFORMANCE
TRAINING
![Page 19: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/19.jpg)
CSI CLIENT SUPPORT SERVICES
o BASIS – DATABASE HIERARCHYo FULL SUITE of REPORTSo REAL TIME METRICS/GRAPHICSo MEASURE
ParticipationBudgetBehavior/ValuesCustomized Needs
MEASUREMENT & METRICS
![Page 20: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/20.jpg)
CLIENT SUPPORT SERVICES
oYour Account Manager is the lead person accountable for your program Implementation STARS Technology Communication Training Measurement Modification
ACCOUNT MANAGEMENT
![Page 21: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/21.jpg)
CSI InternationalPerformance Based Recognition
CSI can help you maximize your RORI:
Return on Recognition Investment
STARS PERFORMANCE is “the” complete solution, with thousands of rewards, total program administration, flexible reporting, a SCORM compliant modular training suite and our unparalleled customer care…
![Page 22: STARS Employee Rewards & Recognition Overview](https://reader038.vdocuments.mx/reader038/viewer/2022102323/547d6618b4af9f93528b48c9/html5/thumbnails/22.jpg)
CSI is your Strategic Recognition resource to increase…
ENGAGEMENT, MOTIVATION, and TALENT RETENTION