19th Jan 2022
3 Tips for a Meaningful Recognition Program
Recognition is craved early on. We all loved getting praise from our parents, teachers, and friends. This continues to be the case as we move into our professional careers. Receiving recognition for what you’re working on, the results you have achieved, the milestones accomplished.
The recognition received for such acts adds fuel to the fire for employees wanting to deliver great results. Good employee recognition can help retain top talent, increase employee engagement, and encourage the best performance. Here are three tips to help ensure the recognition your employees are receiving is meaningful.
Be Relevant
When you tie recognition to specific accomplishments or business objectives it will have more meaning and encourage continued performance in that area.
Be Timely
The longer an employee’s efforts go unnoticed, the less likely that recognition will have a favorable impact. Recognition needs to be a priority and be given as close to the moment as possible.
Recognition for all sizes
While it is important to recognize significant achievements, remember a simple thank you to help motivate and encourage all their efforts goes a long way. This is especially true for IP Recognition, with applications and patent grants issuing months or years apart possibly.
“According to the Incentive Research Foundation, different generations prefer recognition in different ways. Baby boomers want formal recognition in front of teams or groups, Gen Xers wants to receive recognition in private and millennials want fun, less formal and more frequent recognition.”
Remember why you are recognizing. It helps employees see that their company values them and their contributions to the success of their team and the company overall. This is especially important as organizations expand and evolve. It helps employees feel secure in their worth to the organization, which motivates them to keep doing exceptional work.
See some of our other helpful articles…
- How to attract, retain, and engage inventors