While direct compensation (pay) is an important consideration for organizations, money alone is not the only source of compensation that matters to employees. Indirect rewards are just as important - and recognition is one of the most essential aspects of indirect compensation. Recognition programs are not important only when times are difficult from an economic perspective. Providing employees with recognition for their work, commitment, loyalty, etc. is important no matter what the economic environment or your company's approach to wages and salaries.
It is a simple fact that people need to be recognized for their work and accomplishments, both at an individual and team level. Employees who feel their efforts and successes are rewarded are much more likely to be engaged and motivated, have higher levels of job satisfaction, and exhibit optimal productivity than those who are not. Recognition also helps employees learn what behaviors and attitudes are most valued by the organization. When you provide recognition to employees, you are providing reinforcement for desired outcomes. Additionally, good employees who don't feel they are recognized often look for opportunities elsewhere, leading to turnover among the very people you'd most like to keep - and simply because their need for recognition is not being met with you.
Fortunately, implementing recognition programs doesn't have to cost a lot of money; in fact, there are some very meaningful things you can do that don't cost anything at all. In this conference by expert speaker Mary White you will discover some fairly simple steps you can take to ensure that your organization's culture becomes one that is defined by recognition.
Who Should Attend
Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.
Mary Gormandy White M.A., SPHR
Mary Gormandy White, M.A., SPHR, SHRM-SCP is co-founder of MTI Business Solutions (www.mtibusiness.com), Gulf-Coast-based corporate training firm specializing in HR, management, leadership, communication, customer service and Everything DiSC training and related services. She works with clients throughout the U.S. and ... More info