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hr-disciplines section

Recognition

Bonus: Spot Award Nomination

Employee recognition is about winning rewards and attending ceremonies. It is also about motivation, excitement and inspiration. So what makes for an effective employee recognition program?

Non-cash rewards, in the right circumstances and in the right combinations, can be a more effective motivator than money alone.

With budgets tight, employers are paying more attention to the nonfinancial rewards they provide to their employees, such as preparing them for career development opportunities.

Even though the strategic importance of recognition is understood, yet most of the times top management fails to make recognition a priority.

One of the key defining traits of any successful organization is in how it recognizes and rewards people.

In an uncertain economy, many companies are facing hard choices when it comes to rewarding employees.

Cash is king for most compensation plans. However, many organizations use non-cash awards, incentives and recognition programs to supplement cash compensation and improve their total rewards programs.