Ever had to operate a complicated piece of machinery? There are buttons to push, and levers to pull, and they all do specific things and must be done in a specific order or they won’t work. Well, if you help run an organization, you can empathize with the struggle. It’s tough to navigate the complicated intricacies of employee engagement and oversee an employee performance management system. That’s why we surveyed more than 1,000 U.S.-based, full-time employees: to find out what works for reward and recognition programs so HR and business leaders could navigate them more easily. Here’s what we found:
It’s no surprise that most employees prefer money as a reward or recognition for a job well done. What is a surprise is how many employees prefer a title promotion over a raise and how much an email from an executive is worth to a lot of employees. Check out the details here.
Pay and leadership aren’t the only gaps that exist between men and women in the workplace. We found that the gap affected things like frequency of recognition and even value of birthday gifts. See how men and women’s reward and recognition experiences differ here.
We’re blown away that 94 percent of satisfied employees have one thing in common. It also surprised us how many employees aren’t getting that one thing on a regular basis. Find out what you can do to help employees be more satisfied here.