Two prominent Recognition Professionals International members flew home from South Florida with more than good suntans earlier this month.
International banking leader RBC was honored with the Best Practice Standards® Award for employee recognition programs by RPI at their recent annual conference, held in Fort Lauderdale in early May.
Each year, RPI selects one recognition program for the "Best Overall Recognition Program" award, and also selects “Excellence in Standards” awards based on the recognition program elements, including:
- providing access to best-practice standards, education, research, and the exchange of ideas,
- creating opportunities for our diverse membership to grow professionally, and
- advocating recognition and engagement strategies as a means to promote organizational excellence.
Founded as the Royal Bank of Canada, today RBC has approximately 79,000 client-focused and committed employees and is renowned as an exceptional source of advice for 16 million clients worldwide. RBC excelled in all of the recognition standards used by RPI to determine its annual award winners.
“There is a clear and direct linkage between the organization’s domestic and international vision(s), shared values and business goals to its recognition strategy,” said judges who determined the eventual winner of RPI’s top honor. “There are robust programs and processes to reinforce the mission, vision and values in every dimension of recognition dimension – from day-to-day to informal and up through the formal tier. RBC has long been a role model for recognition, not just in the financial industry, but across industry and international borders as well.”
All of RBC’s recognition and reward programs under the RBC Performance brand align with their purpose, vision, and values to become a leader in financial services wherever in the world they serve customers. RBC Performance, RBC’s flagship program was launched in 1993 as a sales incentive points reward and recognition program and now serves over 75,000 employees. RBC Performance is a comprehensive recognition system dedicated to improving RBC’s financial and service performance results and senior leaders of RBC have direct input into the direction of employee recognition to achieve its people and talent strategy objectives as well as sustainable business growth programs.
RPI also acknowledged BAE Systems with Excellence awards in three areas: strategy, communication, and change and flexibility. BAE Systems IMPACT is a company-wide program to recognize and reward employee accomplishments. Tied to their Total Performance culture and their company values of trusted, innovative, and bold, IMPACT makes it easy to recognize employees for making an impact on BAE System’s business.
“BAE has done a great job of consolidating recognition under one umbrella and providing consistent awards across the organization. BAE has strengthened their recognition efforts and has made significant strides in the areas of measurement, change and flexibility,” judges said. “They have been thoughtful and considerate of their people by providing tax assistance on monetary awards. Great strides made in usage of program as evidenced by increased participation”
For more information on the conference and award winners, visit the RPI web site -- www.recognition.org.