According to research, over 65% of employees report they don’t feel recognized at work. This is a huge problem because recognition is one of the most critical drivers of employee engagement and satisfaction.
This is where an employee recognition program comes in. Employee recognition programs are a great way to show your workers that you appreciate their hard work. A well-designed program can boost morale, increase productivity, and improve employee retention rates.
So how do you go about designing a staff recognition program that works? In this article, we’ll discuss the key components of an effective employee recognition program and provide tips for creating one that meets your specific needs.
Define the Purpose of the Program
The first step to designing an employee recognition program is to define its purpose. What is the program meant to achieve? Do you want to improve employee satisfaction rates?
Increase productivity? Reduce turnover rates? Once you’ve defined the program’s purpose, you can start to design it with that goal in mind.
Some companies choose to design their employee recognition programs around their company values. For example, if one of your company’s values is innovation, you might give employees who come up with new and creative ideas a special award.
This helps reinforce the importance of that value to your employees and encourages them to continue behaving in ways that align with it.
Set Eligibility Criteria
This step will help you determine who can receive recognition and how often they can receive it. You need to have an employee recognition strategy in place so everyone gets a fair chance.
Some companies base eligibility on job performance, while others base it on attendance or length of service. Others use a combination of criteria.
Once you’ve decided on the eligibility criteria, set some guidelines for how often employees can receive recognition. For example, you might decide to recognize your employees once a quarter or yearly. This will ensure your employee recognition program is fair and that everyone has a chance to receive recognition.
Finally, you need to decide how employees will receive recognition. Will it be in the form of a plaque or trophy? A monetary bonus?
A gift card? Something else entirely? There are many different options, so it’s important to choose something that will work for your company.
Create a Budget
Creating a budget will help you determine how much money you’re willing to spend on the program and what type of employee rewards and recognition you can afford to give.
There are many different ways to finance an employee recognition program. Some companies use their existing marketing budget, while others set aside a specific amount of money each year for the program. Others choose to fund the program through employee donations.
Find a Recognition Platform
The next step is to find a recognition platform. This is software that will help you manage your employee recognition program. There are many different options available, so choosing one that meets your specific needs is essential.
When you’re choosing a recognition platform, there are a few things to keep in mind. First, ensure the software is compatible with your company’s existing systems.
Second, choose a platform that offers the features you need, and third, make sure the platform is easy to use. Visit guusto.com to see what an ideal employee recognition platform looks like.
How to Design an Employee Recognition Program
An employee recognition program can be a great way to improve morale and motivation in the workplace. By following these tips, you can design a program that meets your specific needs and budget.
If you liked our short guide, be sure to check out our blog for more great tips.