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Acknowledging an employee’s achievements can have an excellent impact on return on investments. Not only does it improve productivity levels, but it also boosts business outcomes. This itself is a good reason for organizations to focus on employee recognition programs.
But it is a tedious process and not a one-day activity. An organization needs to plan for the right and effective programs and recognition ideas in order to achieve the best possible outcome.
Effective recognition strategies can help enhance engagement levels and boost employee morale. Before we look into tips to create employee recognition programs, let us understand more about employee recognition.
Also read: Creating a Performance Based Culture in Your Organization
What is employee recognition?
An employee recognition program is mainly about acknowledging the dedication and effort an employee puts in as an individual or as a team member. Based on this, one’s contribution to the organization gets evaluated and an employee gets suitably rewarded, which consequently helps build a motivated workforce.
This involves establishing an emotional connection between employee and the company, supporting their work and contribution towards the company as long as they maintain the company’s standards. The idea behind an employee recognition program
