5 tips for employee recognition programs

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employee award

Employee recognition programs may be more productive than annual bonus plans.  The new year or any time of the year, is a great time to recognize your hardworking employees for their efforts.

Forbes magazine suggests:   (Source: http://www.forbes.com/sites/forbesleadershipforum/2011/12/23/is-it-time-to-ditch-the-annual-bonus-in-favor-of-recognition-programs/)

1. Don’t wait until the end of the year to reward a job well done. Year-long employee recognition programs are ideal.

2. Make it memorable – cash is easily forgotten, mementos are remembered.

3. Don’t just reward your top performers – reach all workers who make a difference

4. Recognize performance and behaviours that embody your values to build a strong work culture.

5. Show employees how much you value their efforts, including progress they have made this past year.

Read about specific ways that you can recognize your employees.