RPI strives to help build and refine recognition programs to help employees become more engaged at your organization. They have developed the 7 Best Practice Standards®
to guide this process. Standard 3 is recognition program measurement, which is key to the success of your program.
Rewards can make individuals feel valued, but how does it impact the larger company culture?
1) They reinforce good qualities
Writing for Forbes, William Craig explained that when you recognize something an employee has done well, you are showing the rest of the company what behavior you like to see. This is a much more positive approach than condemning someone for something they have done wrong. Consistent rewards will make it clear what employees can do to help the company.
2) They make work enjoyable
According to Fast Company, rewards simply make work fun. If employees come in every day knowing there is a potential for a pizza party or a happy hour, it makes the work more fun. A balance between hard work and fun is key to a great company culture.
3) They serve as an opportunity to show company values
The prior Forbes article explained that rewards can be used to promote company values. If your company values health, create a reward for those who hit the gym the most that month, for example. Rewards are a great way to show what your company thinks is important.
4) They make individuals feel important
Fast Company also explained that rewards emphasize everyone’s place in the company. By rewarding one person’s strengths, you are validating them as an individual. This is especially important with bigger companies where it is easy for individuals to go unnoticed. Pulling people into the spotlight with rewards shows everyone that they are valued and important to the company’s mission.
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To learn more about RPI’s 7 Best Practice Standards, click here.