2 Easy Fixes to Get More ROI from Recognition

Globoforce
GloboforceGloboforce
2 EASY FIXES
TO GET MORE ROI
FROM RECOGNITION
Based on findings from the
2016 SHRM/Globoforce
Employee Recognition Survey
“More companies are finding that
recognition, appreciation, and human
workplace practices improve overall
employee experience and fuel
business performance.”
2016 SHRM/Globoforce
Employee Recognition Survey
We know that recognition
can help HR tackle key
issues in employee
retention, engagement,
and satisfaction.
For example, workers recognized in the
last few months are more than 2X as likely
to identify as highly engaged.*
*2016 WorkHuman Research Institute Report
But are all recognition programs
created equal?
No, not according to nearly 800
HR professionals surveyed in the
2016 SHRM/Globoforce Employee
Recognition Survey.
800
Here are 2 important ways
to get more from your
recognition program.
Yay!
BASE YOUR PROGRAM ON
ORGANIZATIONAL VALUES.
1
60% of those surveyed have
a program that is tied
to organizational values.
(Only 21% have a program not tied to values.)
Organizations with values-based
recognition are 9X more likely to rate
their program as excellent.*
*2016 SHRM/Globoforce Employee Recognition Survey
Values-based recognition also
outperformed other programs on
every metric evaluated:
…just to name a few.
DELIVER A STRONG ROI
INSTILL & REINFORCE CORPORATE VALUES
MAINTAIN A STRONG EMPLOYER BRAND
2
INVEST 1% OF PAYROLL INTO
REWARDS & RECOGNITION.
Companies that invest at least
1% of payroll on recognition are
nearly 3X as likely to rate their
program as excellent.
They are also:
3.5X more likely to
say their program
helps attract new job
candidates
2X more likely to
say their program
helps retain
employees
Free recognition–“e-thanks”–
doesn’t work.
hey,thanks
Companies that put no budget into their
recognition program are 5X more likely
to rate their program “poor.”
So if you really want a state-of-the-art
recognition program:
Tie it back to core values.
Invest 1% or more in
your program
2
1
© 2017 Globoforce Limited. All rights reserved.
CALL US:
+1 888 7-GFORCE
EMAIL US:
info@globoforce.com
VISIT OUR SITE:
globoforce.com
READ OUR BLOG:
globoforce.com/gfblog
Download the Report
EMPLOYEE EXPERIENCE
AS A BUSINESS DRIVER
#WORKHUMAN
clickhere
Call a Globoforce expert today to learn how to get more ROI
from your recognition program.
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2 Easy Fixes to Get More ROI from Recognition

  • 1. 2 EASY FIXES TO GET MORE ROI FROM RECOGNITION Based on findings from the 2016 SHRM/Globoforce Employee Recognition Survey
  • 2. “More companies are finding that recognition, appreciation, and human workplace practices improve overall employee experience and fuel business performance.” 2016 SHRM/Globoforce Employee Recognition Survey
  • 3. We know that recognition can help HR tackle key issues in employee retention, engagement, and satisfaction.
  • 4. For example, workers recognized in the last few months are more than 2X as likely to identify as highly engaged.* *2016 WorkHuman Research Institute Report
  • 5. But are all recognition programs created equal?
  • 6. No, not according to nearly 800 HR professionals surveyed in the 2016 SHRM/Globoforce Employee Recognition Survey. 800
  • 7. Here are 2 important ways to get more from your recognition program. Yay!
  • 8. BASE YOUR PROGRAM ON ORGANIZATIONAL VALUES. 1
  • 9. 60% of those surveyed have a program that is tied to organizational values. (Only 21% have a program not tied to values.)
  • 10. Organizations with values-based recognition are 9X more likely to rate their program as excellent.* *2016 SHRM/Globoforce Employee Recognition Survey
  • 11. Values-based recognition also outperformed other programs on every metric evaluated: …just to name a few. DELIVER A STRONG ROI INSTILL & REINFORCE CORPORATE VALUES MAINTAIN A STRONG EMPLOYER BRAND
  • 12. 2 INVEST 1% OF PAYROLL INTO REWARDS & RECOGNITION.
  • 13. Companies that invest at least 1% of payroll on recognition are nearly 3X as likely to rate their program as excellent.
  • 14. They are also: 3.5X more likely to say their program helps attract new job candidates 2X more likely to say their program helps retain employees
  • 16. Companies that put no budget into their recognition program are 5X more likely to rate their program “poor.”
  • 17. So if you really want a state-of-the-art recognition program: Tie it back to core values. Invest 1% or more in your program 2 1
  • 18. © 2017 Globoforce Limited. All rights reserved. CALL US: +1 888 7-GFORCE EMAIL US: info@globoforce.com VISIT OUR SITE: globoforce.com READ OUR BLOG: globoforce.com/gfblog Download the Report EMPLOYEE EXPERIENCE AS A BUSINESS DRIVER #WORKHUMAN clickhere Call a Globoforce expert today to learn how to get more ROI from your recognition program.